KSSC: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (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 FOR A CASH CONSIDERATION OF RM14.00 MILLION; (II) PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF KSSC TO INCLUDE THE MANUFACTURING OF INTERMEDIATE 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 THE: (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 FOR A CASH CONSID
KSSC：致股东的通函，内容涉及：(I) K.SENG CORPORATION BERHAD（“KSSC” 或 “公司”）拟收购METALMACH MICRO TECHNOLOGY SDN BHD的1,104,000股普通股，相当于40％的股权，现金对价为1,400万令吉；（II）提议将KSSC的现有业务分散到包括中间金属产品的制造；以及（III）建议进行高达1,400万令吉的私募配售 KSSC的55,739,900股新普通股，不超过KSSC已发行普通股的30％（假设已满额）向独立第三方投资者行使其未偿还