1. Details of corporate proposalWhether the corporate proposal involves the issuance of new type and new classof securities? NTypes of corporate proposal : Exercise of WarrantsDetails of corporate proposal : Conversion of Warrants 2018/2021 to OrdinarySharesNo. of shares issued under this corporate proposal : 1,570,000Issue price per share ($$) : 0.0800Par Value ($$) (if applicable) : 0.000Latest issued share capital after the above corporate proposalIn the followingUnits : 475,228,300Issued Share Capital ($$) : Singapore Dollar (SGD) 22,597,233.590Listing Date : 27/10/2020Remarks:You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
KSTAR 0.315 (%) MEMORANDUM OF UNDERSTANDING K-STAR SPORTS LIMITED ('K-STAR' OR THE 'COMPANY') - MEMORANDUM OF UNDERSTANDING FOR APPOINTMENT OF K-STAR OR ANY ONE OF THE SUBSIDIARIES OF K-STAR AS THE SALE AGENT FOR COVID-19 VACCINES IN MALAYSIA K-STAR SPORTS LIMITED
Type Announcement Subject MEMORANDUM OF UNDERSTANDING Description K-STAR SPORTS LIMITED ('K-STAR' OR THE 'COMPANY') - MEMORANDUM OF UNDERSTANDING FOR APPOINTMENT OF K-STAR OR ANY ONE OF THE SUBSIDIARIES OF K-STAR AS THE SALE AGENT FOR COVID-19 VACCINES IN MALAYSIA The Board of Directors of K-Star wishes to announce that the Company has on 26 October 2020 entered into a Memorandum of Understanding ("MoU") with Kanger International Berhad ("KIB") for the appointment of K-Star or any one of the subsidiaries of K-Star as the sale agent for Covid-19 vaccines for the private clinics in Malaysia. K-Star intends to expand its business activities into the healthcare sector and the sale and marketing of Covid-19 vaccines arising herein will be undertaken by one of the subsidiaries of K-Star (to be identified in due course). Please refer to the attachment for details of the announcement. This announcement is dated 26 October 2020.
Please refer attachment below.
Attachments K-Star Sports Limited - MoU with Kanger International Berhad - 26.10.2020.pdf 49.7 kB
it has been pushed since yesterday and today.. must be a good strong news breakout. The ministry said COVID will be priority, so for sure allocation has been made in Budget..
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