The Board of Directors of Key Alliance Group Berhad (“KAG” or “the Company”) wishes to announce that the Company had from the period between 6 September 2021 to 13 September 2021 acquired from the open market an aggregate of 55,962,600 ordinary shares of MACPIE Berhad (“MACPIE”), representing 5.91% of the total issued and paid up share capital of MACPIE, for a total purchase consideration of approximately RM5,335,366 (“Investment”). In connection therewith, the Company is deemed to be a substantial shareholder of MACPIE on 13 September 2021. 

Please refer to the attachment for details of announcement. 

This announcement is dated 15 September 2021.