[KPPROP] Acquisitions on 13-Jan-2020

Announcement Date
13-Jan-2020
Listing Date
14-Jan-2020
New Type/Class?
No
Type
Acquisitions
Details
(i) Acquisition of the entire equity interest in Aeon Frontier Sdn. Bhd. for a purchase consideration of RM33,473,902 to be satisfied via 196,905,307 new ordinary shares in KPPB ("KPPB Shares") at an issue price of RM0.17 per KPPB Share; and (ii) Subscription by Datuk Tee Eng Ho and Tee Eng Seng of 251,366,435 new KPPB Shares at an issue price of RM0.17 per KPPB Share
No. of shared issued
448,271,742
Issue Price
Malaysian Ringgit (MYR) 0.170
Par Value
0.000
Total NOSH
1,000,711,742
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