Highlights

[KAB] EGM on 27-Apr-2023


Stock [KAB]: KINERGY ADVANCEMENT BERHAD
Announcement Date 29-Mar-2023
Reference No GMA-22032023-00005
Corporate Action ID MY230322MEET0005

Type Extraordinary General Meeting
Date & Time 27-Apr-2023   09:30
Depositor Date 07-Apr-2023
Venue Fully virtual basis vide Online Meeting Platform hosted on Securities,Services e-Portal at https://sshsb.net.my/,MY

Description Kejuruteraan Asastera Berhad - Notice of Extraordinary General Meeting ("EGM") The EGM will be held on a fully virtual basis via the Remote Participation and Voting Facilities provided by SS E Solutions Sdn. Bhd.
Remark -

RESOLUTIONS

Ordinary Resolution 1 (For Voting)
Proposed Acquisition by KAB Energy Holdings Sdn Bhd, a Wholly-Owned Subsidiary of KAB, of 100% Equity Interest in PT Inpola Mitra Elektrindo ("PT IME") from Sarawak Cable Berhad and Other Minority Shareholders for a Completion Amount of RM75,000,000 (Comprising the Sale Shares Consideration of RM10,000 and the Settlement of Debts, Liabilities and Shareholders Advances of PT IME Capped at RM74,990,000) to be satisfied entirely in Cash ("Proposed Acquisition")


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