The Board of Directors of MAAG wishes to announce that the Company has acquired to date over the period from 3 August 2021 to 1 September 2021 from the open market a total of 233,001,800 ordinary shares of KNM Group Berhad (“KNMG”) at an average price of RM0.227 per share, representing 7.01% of the total issued share capital of KNMG for a total purchase consideration of RM52,891,408.60.
The details of the announcement are as per the attachment.
This announcement is dated 2 September 2021.