Additional Listing Announcement /Subdivision of Shares
| KINERGY ADVANCEMENT BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | PRIVATE PLACEMENT OF UP TO 198,634,288 NEW ORDINARY SHARES IN KINERGY ADVANCEMENT BERHAD, REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF KINERGY ADVANCEMENT BERHAD (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 ("PRIVATE PLACEMENT") |
| No. of shares issued under this corporate proposal | 57,817,788 |
| Issue price per share | Malaysian Ringgit (MYR) 0.3300 |
| Par Value (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 2,185,066,069 |
| Issued Share Capital | Malaysian Ringgit (MYR) 229,790,280.320 |
| Listing Date | 15 Aug 2025 |
Announcement Info
| Company Name | KINERGY ADVANCEMENT BERHAD |
| Stock Name | KAB |
| Date Announced | 14 Aug 2025 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-12082025-00013 |