NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING K-STAR SPORTS LIMITED ("K-STAR" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 38,695,200 NEW ORDINARY SHARES REPRESENTING 10% OF THE ISSUED SHARE CAPITAL IN K-STAR TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED
| K-STAR SPORTS LIMITED |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | K-STAR SPORTS LIMITED ("K-STAR" OR "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 38,695,200 NEW ORDINARY SHARES REPRESENTING 10% OF THE ISSUED SHARE CAPITAL IN K-STAR TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED |
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On behalf of the Board of Directors of K-Star, M&A Securities Sdn Bhd wishes to announce that K-Star proposes to undertake a private placement of up to 38,695,200 new ordinary shares representing 10% of the issued share capital in K-Star to independent third party investor(s) to be identified.
Kindly refer to the attachment for further details.
This announcement is dated 17 May 2019. |
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Please refer attachment below.
Announcement Info
| Company Name | K-STAR SPORTS LIMITED |
| Stock Name | KSTAR |
| Date Announced | 17 May 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17052019-00105 |