KGROUP

0.010

+0.005 (+100%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS KEY ALLIANCE GROUP BERHAD ("KAG" OR "THE COMPANY") - PROPOSED SUBSCRIPTION OF RIGHTS SHARES WITH FREE DETACHABLE WARRANTS IN KOMARKCORP BERHAD

KEY ALLIANCE GROUP BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
KEY ALLIANCE GROUP BERHAD ("KAG" OR "THE COMPANY")
- PROPOSED SUBSCRIPTION OF RIGHTS SHARES WITH FREE DETACHABLE WARRANTS IN KOMARKCORP BERHAD

The Board of Directors of KAG wishes to announce that the Company had on 12 June 2023 submitted the application for the subscription of up to 130,000,000 million rights shares and excess rights shares with 43,333,333 free detachable warrants of Komarkcorp Berhad (“Komark”) at an issue price of RM0.08 each for total cash consideration of up to RM10,400,000.00 only (“Proposed Subscription”).

 

Please refer to the attachment for the details of the above announcement. 

 

This announcement is dated 13 June 2023.  




Please refer attachment below.



Announcement Info

Company Name KEY ALLIANCE GROUP BERHAD
Stock Name KGROUP
Date Announced 13 Jun 2023
Category General Announcement for PLC
Reference Number GA1-13062023-00059