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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KPOWER BERHAD (FORMERLY KNOWN AS KUMPULAN POWERNET BERHAD) ("KPOWER" OR "COMPANY") PROPOSED PRIVATE PLACEMENT TO RAISE GROSS PROCEEDS OF UP TO RM100.0 MILLION AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")

KPOWER BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
KPOWER BERHAD (FORMERLY KNOWN AS KUMPULAN POWERNET BERHAD) ("KPOWER" OR "COMPANY") 

PROPOSED PRIVATE PLACEMENT TO RAISE GROSS PROCEEDS OF UP TO RM100.0 MILLION AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT")

Unless otherwise defined, the abbreviations and definitions used in the announcements dated 24 May 2021, 25 May 2021, 31 May 2021, 2 June 2021, 28 September 2021, and 4 October 2021 ("Announcements") shall apply herein.

 

We refer to the Announcements.

 

On behalf of the Board, RHB Investment Bank is pleased to announce that the Proposed Private Placement has been completed following the listing and quotation of 90,466,129 Placement Shares on the Main Market of Bursa Securities today.

 

This announcement is dated 5 October 2021.






Announcement Info

Company Name KPOWER BERHAD
Stock Name KPOWER
Date Announced 05 Oct 2021
Category General Announcement for PLC
Reference Number GA1-29092021-00023