KRONO

0.545

+0.01 (+1.9%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KRONOLOGI ASIA BERHAD ("KAB" OR THE "COMPANY") ACQUISITION BY KAB OF THE REMAINING 83.33% EQUITY INTEREST IN QUANTUM CHINA LIMITED NOT ALREADY OWNED BY KAB FOR A PURCHASE CONSIDERATION OF UP TO RM150,000,000 TO BE SATISFIED VIA A COMBINATION OF CASH AND THE ISSUANCE OF NEW ORDINARY SHARES IN KAB ("ACQUISITION")

KRONOLOGI ASIA BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
KRONOLOGI ASIA BERHAD ("KAB" OR THE "COMPANY")

ACQUISITION BY KAB OF THE REMAINING 83.33% EQUITY INTEREST IN QUANTUM CHINA LIMITED NOT ALREADY OWNED BY KAB FOR A PURCHASE CONSIDERATION OF UP TO RM150,000,000 TO BE SATISFIED VIA A COMBINATION OF CASH AND THE ISSUANCE OF NEW ORDINARY SHARES IN KAB ("ACQUISITION")

We refer to the announcements made on 24 May 2021, 25 May 2021, 2 July 2021 8 July 2021, 23 July 2021 and 26 July 2021 in relation to the Acquisition (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that the Acquisition has been completed in accordance with the terms and conditions of the SPA.

 

This announcement is dated 26 July 2021.






Announcement Info

Company Name KRONOLOGI ASIA BERHAD
Stock Name KRONO
Date Announced 26 Jul 2021
Category General Announcement for PLC
Reference Number GA1-26072021-00071