Highlights

Company Name K. SENG SENG CORPORATION BERHAD
Stock Name KSSC
Date Announced 17 Mar 2023
Category General Announcement for PLC
Reference Number GA1-17032023-00086

Type Announcement
Subject OTHERS
Description 
K. SENG SENG CORPORATION BERHAD
- ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.20 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Paragraph 9.20 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, K. Seng Seng Corporation Berhad (“KSSC” or “the Company”) wishes to announce that as at 17 March 2023, the aggregate value of quoted securities acquired by the Company that has not been announced for the preceding twelve (12) months has exceeded 5% of the Company’s latest audited consolidated net assets as at 31 December 2021.

 

The details of the investment in the quoted securities are as follows:

 

 

 

RM

% of KSSC's latest audited consolidated net assets

(a)

Aggregate purchase consideration within the preceding twelve (12) months

 

14,218,100

14.79%

(b)

Aggregate sale consideration within the preceding twelve (12) months

 

-

-

(c)

Investments in quoted securities as at 17 March 2023 :

 

 

 
  • Total Cost

 

RM 14,218,100

 
  • Total Book Value

 

RM 14,218,100

 
  • Total Market Value

 

RM 18,260,000

(d)

Net profit/loss arising from the disposal of quoted securities by KSSC during the current financial year ending 31 December 2023    (Sales proceeds less investment cost and incidental expenses)

 

-

 

The acquisition of the quoted securities as announced were made within the period from 6 March 2023 to 17 March 2023.

 

This announcement is dated 17 March 2023.




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