The Board of Directors ("Board") of KKB Engineering Berhad ("KKB") wishes to announce that the Board has on 22 February 2024:

(i) recommended a First and Final Single Tier Dividend of 7.0 sen per ordinary share in respect of the financial year ended 31 December 2023, for approval by shareholders at the forthcoming Annual General Meeting of the Company (“AGM”) to be held at a later date. The dates of dividend entitlement and payment will be announced at a later date.

(ii) proposed to seek shareholder mandate for the existing RRPT by way of an ordinary resolution at the AGM. A Circular to Shareholders seeking for shareholders' approval on the Proposed Shareholder Mandate is currently being prepared. 

The existing shareholder mandate was obtained at the previous AGM of KKB held on 25 May 2023. In accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the existing shareholder mandate shall lapse at the conclusion of the AGM, unless renewal is obtained.

This announcement is dated 22 February 2024.