KAB

0.340

(%)

OTHERS KINERGY ADVANCEMENT BERHAD (FORMERLY KNOWN AS KEJURUTERAAN ASASTERA BERHAD [REGISTRATION NO. 199701005009 (420505-H)] ("KAB" OR "THE COMPANY") HEADS OF AGREEMENT BETWEEN KAB ENERGY HOLDINGS SDN. BHD. [REGISTRATION NO. 202101013322 (1413621-K)], AN ULTIMATE SUBSIDIARY OF THE COMPANY, WITH XSD INTERNATIONAL PAPER SDN. BHD. [REGISTRATION NO. 201801026864 (1288890-H)]

KINERGY ADVANCEMENT BERHAD

Type Announcement
Subject OTHERS
Description
KINERGY ADVANCEMENT BERHAD (FORMERLY KNOWN AS KEJURUTERAAN ASASTERA BERHAD [REGISTRATION NO. 199701005009 (420505-H)] ("KAB" OR "THE COMPANY")

HEADS OF AGREEMENT BETWEEN KAB ENERGY HOLDINGS SDN. BHD. [REGISTRATION NO. 202101013322 (1413621-K)], AN ULTIMATE SUBSIDIARY OF THE COMPANY, WITH XSD INTERNATIONAL PAPER SDN. BHD. [REGISTRATION NO. 201801026864 (1288890-H)]
Reference is made to XSDIP's annoucement dated 13 July 2023. Unless otherwise stated, defined terms used in this announcement shall have the same meanings as defined in the announcement dated 13 July 2023.

The Board of KAB wishes to announce that the Parties are in the midst of negotiating the terms and condition of the Definitive Agreements. To facilitate the negotiation, the Parties have mutually agreed to an extension of time of one (1) month from 13 September 2023 to 13 October 2023. 


This announcement is dated 19 September 2023.





Announcement Info

Company Name KINERGY ADVANCEMENT BERHAD
Stock Name KAB
Date Announced 19 Sep 2023
Category General Announcement for PLC
Reference Number GA1-19092023-00011