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MULTIPLE PROPOSALS K-ONE TECHNOLOGY BERHAD ("K-ONE TECH" OR "COMPANY") (I) ACQUISITION OF 60% EQUITY INTEREST IN G-ASIAPACIFIC SDN BHD; (II) CALL/PUT OPTIONS; AND (III) DIVERSIFICATION (COLLECTIVELY REFERRED TO AS "CORPORATE EXERCISES")
K1 buy Singapore company share 40%, the payment will be inform of new share equal to RM 17 million, the share must be 0.332 and get confirmation with bursa in 5 days, hopefully fly tommorrow
The exercise of the Call Option will be completed within one (1) month from the date of the Exercise Notice of 19 May 2020. Upon completion, the Company will own 100% of G-AsiaPacific Sdn. Bhd., instead of the current 60%.
