Notice Of Bonus Issue And Share Split

LISTING'S CIRCULAR NO. L/Q : 57058 OF 2010

1) Bonus issue of up to 48,336,000 new ordinary shares of RM1.00 each in KKB (“KKB Shares”) (“Bonus Shares”) to be credited as fully paid up on the basis of three (3) new KKB Shares for every five (5) existing KKB Shares held in KKB (“Bonus Issue”).

2) Share split involving the subdivision of every one (1) existing ordinary share of RM1.00 each held in KKB into two (2) ordinary shares of RM0.50 each (“Subdivided KKB Shares”) held in KKB (“Share Split”).
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Kindly be advised of the following :

1) The above Company's securities will be traded and quoted [ "Ex - All" ]
as from : [ 24 May 2010 ]

2) The last date of lodgement : [ 26 May 2010 ]

3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

a) Selling Broker to deduct [ 3/8 ] , of the Selling Price against the Selling Client.

b) Buying Broker to deduct [ 37.50% ] of the Purchase Price against the Buying Client.

c) Between Broker and Broker, the deduction of [ 3/8 ] of the Transacted Price is applicable.

Remarks :-

The date of listing and quotation for the Subdivided KKB Shares shall be 27 May 2010, being the next market day immediately after the entitlement date for the Share Split.

As the Bonus Issue will be carried out concurrently with a share split involving the subdivision of every one (1) KKB Share in KKB (after the Bonus Issue) into two (2) ordinary shares of RM0.50 each (“Subdivided KKB Shares”), the Bonus Shares to be issued and listed on 27 May 2010 will be in the form of the Subdivided KKB Shares.

The Share Registrar of KKB will issue and despatch notices of allotment to all the entitled shareholders of KKB by 3 June 2010.

Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 27 May 2010 with bonus issue and share split of KKB shares of RM0.50 each, any shareholder who is entitled to receive KKB bonus issue and share split shares, may now sell any or all of his KKB shares arising from the bonus issue and share split beginning the Ex-Date ( 24 May 2010 ).

For example, if Mr X purchases 500 KKB shares on cum basis on 21 May 2010, Mr X should receive 500 shares on 26 May 2010. As a result of the bonus issue and share split, a total of 1600 KKB shares will be credited into Mr X's CDS account on the night of 26 May 2010 being the Book Closing Date. Therefore, Mr X can sell the bonus issue and share split shares of 1600 on or after the Ex-Date ie from 24 May 2010 onwards."

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