Circular/Notice to Shareholders
| KJTS GROUP BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED ACQUISITION BY KJ TECHNICAL SERVICES SDN BHD ("KJ TECHNICAL SERVICES"), A WHOLLY-OWNED SUBSIDIARY OF KJTS GROUP BERHAD ("KJTS" OR "COMPANY"), OF 10,000,000 ORDINARY SHARES IN MALAKOFF UTILITIES SDN BHD ("MUSB"), A WHOLLY-OWNED SUBSIDIARY OF MALAKOFF CORPORATION BERHAD, REPRESENTING 100% EQUITY INTEREST IN MUSB, FOR A TOTAL CASH CONSIDERATION OF RM65.50 MILLION ("PROPOSED ACQUISITION"); AND (II) PROPOSED VARIATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING ("IPO") OF THE COMPANY PURSUANT TO RULE 8.24 OF THE ACE MARKET LISTING REQUIREMENTS ("LISTING REQUIREMENTS") OF BURSA MALAYSIA SECURITIES BERHAD ("PROPOSED VARIATION") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") AND NOTICE OF EXTRAORDINARY GENERAL MEETING |
Please refer attachment below.
Announcement Info
| Company Name | KJTS GROUP BERHAD |
| Stock Name | KJTS |
| Date Announced | 09 May 2025 |
| Category | Document Submission |
| Reference Number | DCS-06052025-00030 |