Date: 23 November 2018

OTHERS KRONOLOGI ASIA BERHAD ("KAB" OR "THE PURCHASER" OR "THE COMPANY") - PROPOSED SUBSCRIPTION OF NEW SHARES IN QUANTUM CHINA LIMITED


Type Announcement
Subject OTHERS
Description KRONOLOGI ASIA BERHAD ("KAB" OR "THE PURCHASER" OR "THE COMPANY") - PROPOSED SUBSCRIPTION OF NEW SHARES IN QUANTUM CHINA LIMITED

(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement made on 21 November 2018.)

Further to the Company's announcement made on 21 November 2018, the Board of Directors of KAB wishes to inform that the Proposed Subscription will be funded via a combination of RM8 million from the "Future business development and expansion" under the private placement which was completed on 4 October 2018 and the remaining will be internal generated fund.

This announcement is dated 23 November 2018.

 





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