KSSC: CIRCULAR TO SHAREHOLDERS IN RELATION TO (I) PROPOSED ACQUISITION BY K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY") OF 1,104,000 ORDINARY SHARES IN METALMACH MICRO TECHNOLOGY SDN BHD, REPRESENTING 40% EQUITY INTEREST FROM LOW KIM YOONG FOR A CASH CONSIDERATION OF RM14.00 MILLION; (II) PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF KSSC TO INCLUDE THE MANUFACTURING OF HIGH PRECISION METAL PRODUCTS; AND (III) PROPOSED PRIVATE PLACEMENT OF UP TO 55,739,900 NEW ORDINARY SHARES IN KSSC, REPRESENTING NOT MORE THAN 30% OF THE ISSUED ORDINARY SHARES OF KSSC (ASSUMING FULL EXERCISE OF ITS OUTSTANDING WARRANTS) TO INDEPENDENT THIRD-PARTY INVESTOR(S) TO BE IDENTIFIED AND AT AN ISSUE PRICE TO BE DETERMINED LATER. (COLLECTIVELY, REFERRED AS THE "PROPOSALS")
KSSC: CIRCULAR TO SHAREHOLDERS IN RELATION TO (I) PROPOSED ACQUISITION BY K. SENG SENG CORPORATION BERHAD ("KSSC" OR THE "COMPANY") OF 1,104,000 ORDINARY SHARES IN METALMACH MICRO TECHNOLOGY SDN BHD, REPRESENTING 40% EQUITY INTEREST FROM LOW KIM YOONG F
KSSC：致股东的通函，涉及 (I) K.SENG SENG CORPORATION BERHAD（“KSSC” 或 “公司”）拟以1400万令吉的现金对价收购METALMACH MICRO TECHNOLOGY SDN BHD的1,104,000股普通股，代表低金勇40％的股权；（II）提议分散KSSC的现有业务，包括高精度金属产品的制造；以及（III）拟议的私募股权在KSSC中配售最多55,739,900股新普通股，不超过已发行普通股的30％KSSC（假设已全部行使未偿认股权证）向独立第三方投资者进行
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