KANGER

0.055

(%)

GENERAL MEETINGS: Notice of Meeting

KANGER INTERNATIONAL BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
Extraordinary General Meeting
Date of Meeting 27 Jul 2021
Time 09:00 AM

Venue(s)
Main Venue at Board Room of K-3-12 & K-3-13, Solaris Mont Kiara

No. 2, Jalan Solaris, Mont Kiara

50480 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Date of General Meeting Record of Depositors 19 Jul 2021

Resolutions


1. ORDINARY RESOLUTION 1

Description
PROPOSED ACQUISITION BY KANGER OF 1,020,000 ORDINARY SHARES OF SUNG MASTER HOLDINGS SDN. BHD. ("SUNG MASTER"), REPRESENTING 51.0% EQUITY INTEREST IN SUNG MASTER, FOR A PURCHASE CONSIDERATION OF RM94,789,436 TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT OF RM51,999,999.62 AND THE REMAINING PURCHASE CONSIDERATION OF RM42,789,436.38 TO BE SATISFIED VIA AN ISSUANCE AND ALLOTMENT OF 713,157,273 NEW ORDINARY SHARES OF KANGER ("KANGER SHARE(S)") AT THE ISSUE PRICE OF RM0.06 PER KANGER SHARE
Shareholder’s Action For Voting

2. ORDINARY RESOLUTION 2

Description
PROPOSED SUBSCRIPTION OF 769,513,179 NEW KANGER SHARES ("SUBSCRIPTION SHARE(S)") AT THE SUBSCRIPTION PRICE OF RM0.06 PER SUBSCRIPTION SHARE BY MR. KUAH CHOON CHING
Shareholder’s Action For Voting



Please refer attachment below.




Announcement Info

Company Name KANGER INTERNATIONAL BERHAD
Stock Name KANGER
Date Announced 09 Jul 2021
Category General Meeting
Reference Number GMA-08072021-00002
Corporate Action ID MY210708MEET0002