Circular/Notice to Shareholders
| KEY ALLIANCE GROUP BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE : I. PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF KAG ("KAG SHARE(S)" OR "SHARE(S)") (EXCLUDING TREASURY SHARES) TO THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER; AND II. PROPOSED ACQUISITION 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 |
Please refer attachment below.
Announcement Info
| Company Name | KEY ALLIANCE GROUP BERHAD |
| Stock Name | KGROUP |
| Date Announced | 07 May 2021 |
| Category | Document Submission |
| Reference Number | DCS-07052021-00021 |