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：致股東的通函，內容涉及：(I) K.SENG CORPORATION BERHAD（“KSSC” 或 “公司”）擬收購METALMACH MICRO TECHNOLOGY SDN BHD的1,104,000股普通股，相當於40％的股權，現金對價爲1,400萬令吉；（II）提議將KSSC的現有業務分散到包括中間金屬產品的製造；以及（III）建議進行高達1,400萬令吉的私募配售 KSSC的55,739,900股新普通股，不超過KSSC已發行普通股的30％（假設已滿額）向獨立第三方投資者行使其未償還