KGROUP

0.010

(%)

Additional Listing Announcement /Subdivision of Shares

KEY ALLIANCE GROUP BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Acquisitions
Details of corporate proposal ACQUISITION BY KEY ALLIANCE GROUP BERHAD ("KAG") OF 450,000 ORDINARY SHARES IN TREE MED SDN BHD ("TREE MED"), REPRESENTING 30% EQUITY INTEREST IN TREE MED, FROM KHAIRUL ANUAR BIN DANIAL AND RAJA MAZYAH BINTI RAJA AMINUDDIN FOR A PURCHASE CONSIDERATION OF RM14,000,000 TO BE SATISFIED VIA A COMBINATION OF RM4,000,000 IN CASH AND RM10,000,000 VIA THE ISSUANCE OF 200,000,000 NEW KAG SHARES AT AN ISSUE PRICE OF RM0.05 PER KAG SHARE
No. of shares issued under this corporate proposal 200,000,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.0500
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 2,554,309,534
Issued Share Capital ($$) Malaysian Ringgit (MYR) 190,070,976.180
Listing Date 02 Sep 2021



Announcement Info

Company Name KEY ALLIANCE GROUP BERHAD
Stock Name KGROUP
Date Announced 01 Sep 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-01092021-00009