[KGROUP] Acquisitions on 01-Sep-2021

Stock
[KGROUP]: KEY ALLIANCE GROUP BERHAD
Announcement Date
01-Sep-2021
Listing Date
02-Sep-2021
New Type/Class?
No
Type
Acquisitions
Details
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 shared issued
200,000,000
Issue Price
Malaysian Ringgit (MYR) 0.050
Par Value
0.000
Total NOSH
2,554,309,534
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