NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF KANGER ("PROPOSED PRIVATE PLACEMENT")
| KANGER INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF KANGER ("PROPOSED PRIVATE PLACEMENT") |
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On behalf of the Board of Directors of Kanger ("Board"), UOB Kay Hian (M) Sdn Bhd (formerly known as UOB Kay Hian Securities (M) Sdn Bhd) ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 10% of the total number of issued shares of Kanger ("Kanger Share(s)" or "Share(s)") (excluding treasury shares, if any) to third party investor(s) to be identified later at an issue price to be determined and announced later, in accordance with Sections 75 and 76 of the Companies Act, 2016 ("Act") ("Proposed Private Placement"). Further details of the Proposed Private Placement are set out in the attachment enclosed.
This announcement is dated 18 August 2025. |
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Please refer attachment below.
Announcement Info
| Company Name | KANGER INTERNATIONAL BERHAD |
| Stock Name | KANGER |
| Date Announced | 18 Aug 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18082025-00027 |