NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KUMPULAN POWERNET BERHAD (KPOWER OR COMPANY) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN KPOWER (KPOWER SHARE(S) OR SHARE(S)), REPRESENTING NOT MORE THAN 10% OF THE ISSUED SHARE CAPITAL OF KPOWER (EXCLUDING TREASURY SHARES) (PROPOSED PRIVATE PLACEMENT)
| KUMPULAN POWERNET BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | KUMPULAN POWERNET BERHAD (KPOWER OR COMPANY) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN KPOWER (KPOWER SHARE(S) OR SHARE(S)), REPRESENTING NOT MORE THAN 10% OF THE ISSUED SHARE CAPITAL OF KPOWER (EXCLUDING TREASURY SHARES) (PROPOSED PRIVATE PLACEMENT) |
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On behalf of the Board of Directors of KPower, KAF Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Private Placement.
Further details of the Proposed Private Placement are set out in the attachment below.
This announcement is dated 21 January 2020. |
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Please refer attachment below.
Announcement Info
| Company Name | KUMPULAN POWERNET BERHAD |
| Stock Name | KPOWER |
| Date Announced | 21 Jan 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20012020-00071 |