Additional Listing Announcement /Subdivision of Shares
| KEY ALLIANCE GROUP BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Acquisitions |
| Details of corporate proposal | ACQUISITION BY KEY ALLIANCE GROUP BERHAD ("KAG") OF 450,000 ORDINARY SHARES IN TREE MED SDN BHD ("TREE MED"), REPRESENTING 30% EQUITY INTEREST IN TREE MED, FROM KHAIRUL ANUAR BIN DANIAL AND RAJA MAZYAH BINTI RAJA AMINUDDIN FOR A PURCHASE CONSIDERATION OF RM14,000,000 TO BE SATISFIED VIA A COMBINATION OF RM4,000,000 IN CASH AND RM10,000,000 VIA THE ISSUANCE OF 200,000,000 NEW KAG SHARES AT AN ISSUE PRICE OF RM0.05 PER KAG SHARE |
| No. of shares issued under this corporate proposal | 200,000,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.0500 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 2,554,309,534 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 190,070,976.180 |
| Listing Date | 02 Sep 2021 |
Announcement Info
| Company Name | KEY ALLIANCE GROUP BERHAD |
| Stock Name | KGROUP |
| Date Announced | 01 Sep 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-01092021-00009 |