(1) Recommendation of Final Dividend(2) Proposed Renewal of Shareholders' Mandate For Recurrent Related Party Transactions Of Revenue Or Trading Nature ("RRPT")
Contents :
The Board of Directors of KKB Engineering Berhad ("KKB") wishes to announce that the Board has on 26 February 2007 :-
(i) recommended a Final Dividend of 5 sen per share, tax exempted, in respect of the financial year ended 31 December 2006. The dates of the dividend entitlement and payment will be determined at a later date.
The notice of dividend entitlement and payment shall be advertised at a later date.
(ii) proposed to seek shareholders’ mandates from the shareholders for the existing RRPT. A Circular to Shareholders is being prepared seeking shareholders’ approval on the renewal of the RRPT. The same shareholders’ mandate was renewed and obtained at the Annual General Meeting ("AGM") of KKB held on 16 May 2006.
In accordance with Bursa Malaysia Securities Listing Requirements, this shareholders’ mandate shall lapse at the conclusion of the forthcoming AGM, unless renewal is obtained.
Announcement Info
| Company Name |
KKB ENGINEERING BERHAD |
| Stock Name |
KKB |
| Date Announced |
26 Feb 2007 |
| Category |
General Announcement |
| Reference No |
CC-070214-44324 |
