KEYASIC

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OTHERS KEY ASIC BERHAD ("KAB" OR THE "COMPANY") LETTER OF INTENT TO ACQUIRE WAFER FAB IN THE US

KEY ASIC BERHAD

Type Announcement
Subject OTHERS
Description
KEY ASIC BERHAD ("KAB" OR THE "COMPANY") 
LETTER OF INTENT TO ACQUIRE WAFER FAB IN THE US

The Board of Directors of KAB (“Board”) is pleased to announce that the Company has issued a Letter of Intent (“LOI”) to a US foundry to acquire up to 100% of its shares and the said foundry has accepted the LOI.

Further details of the LOI are set out in the attachment below.

This announcement is dated 30 November 2021. 




Please refer attachment below.

Attachments

KAB-LOI-30.11.2021.pdf
81.7 kB



Announcement Info

Company Name KEY ASIC BERHAD
Stock Name KEYASIC
Date Announced 30 Nov 2021
Category General Announcement for PLC
Reference Number GA1-30112021-00034