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PROPOSED BONUS ISSUE OF UP TO 13,266,825 NEW ORDINARY SHARES OF RM1.00 EACH ("SHARES") IN THE COMPANY CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) NEW SHARE FOR EVERY FOUR (4) EXISTING SHARES ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")

BackMay 07, 2007
Type Announcement
Subject KKB ENGINEERING BERHAD (“KKB” OR THE “COMPANY”)

PROPOSED BONUS ISSUE OF UP TO 13,266,825 NEW ORDINARY SHARES OF RM1.00 EACH ("SHARES") IN THE COMPANY CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) NEW SHARE FOR EVERY FOUR (4) EXISTING SHARES ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE")

Contents :

We refer to the company's announcement dated 21 March 2007 on, amongst others, the Proposed Bonus Issue.


On behalf of the Board of Directors of KKB, AmInvestment Bank Berhad (formerly known as AmMerchant Bank Berhad), a member of the AmInvestment Bank Group, is pleased to announce that Bursa Malaysia Securities Berhad has vide its letter dated 27 April 2007 (which was received today) approved the listing and quotation of up to 13,266,825 new Shares to be issued pursuant to the Proposed Bonus Issue.

The Proposed Bonus Issue is now pending the approval of the shareholders of KKB at an extraordinary general meeting to be held on 10 May 2007.

This announcement is dated 7 May 2007.

 


Announcement Info

Company Name KKB ENGINEERING BERHAD  
Stock Name KKB    
Date Announced 7 May 2007  
Category General Announcement
Reference No MM-070507-58649