KINERGY

0.395

+0.005 (+1.3%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KINERGY ADVANCEMENT BERHAD ("KINERGY" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 198,634,288 NEW ORDINARY SHARES IN KINERGY("KINERGY SHARES" OR "SHARES"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 ("PRIVATE PLACEMENT")

KINERGY ADVANCEMENT BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description 
KINERGY ADVANCEMENT BERHAD ("KINERGY" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 198,634,288 NEW ORDINARY SHARES IN KINERGY("KINERGY SHARES" OR "SHARES"), REPRESENTING 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES) PURSUANT TO SECTIONS 75 AND 76 OF THE COMPANIES ACT, 2016 ("PRIVATE PLACEMENT")

Reference is made to the Company's earlier announcement dated 20 June 2024, 21 June 2024, 27 June 2024, 12 July 2024, 19 July 2024, 27 November 2024, 5 December 2024, 6 December 2024, 13 December 2024, 20 December 2024, 23 December 2024, 10 January 2025, 8 April 2025, 17 April 2025, 18 April 2025, 18 July 2025, 12 August 2025, 14 August 2025, 15 August 2025, 21 August 2025, 25 November 2025 and 27 February 2026 in relation to the Private Placement ("Earlier Announcements"). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcements.


KINERGY is required to do quarterly updates via Bursa LINK (simultaneous with the submission of Quarterly Report) on the issuance of placement of shares.

 

Further details are set in the attachment below.


This announcement is dated 26 May 2026.


Please refer attachment below.

Attachments

KINERGY - Additional Info - Private Placement.pdf
108.6 kB


Announcement Info

Company Name KINERGY ADVANCEMENT BERHAD
Stock Name KINERGY
Date Announced 26 May 2026
Category General Announcement for PLC
Reference Number GA1-25052026-00079


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