| Type | Announcement |
| Subject | ANNOUNCEMENT ON EQUITY INVESTMENT IN SUBSIDIARY |
| Contents | The Board of Directors of KKB Engineering Berhad ("KKBEB") is pleased to announce that KKBEB had on 6 May 2008 acquired 1,000,000 ordinary shares of RM1.00 each, representing 10% of the total issued and paid-up share capital of its 90% owned subsidiary, KKB Industries (Sabah) Sdn. Bhd. ("KKBIS") for a total cash consideration of RM1,140,304.40 ("the Acquisition"). Subsequent to the Acquisition, KKBIS became a wholly owned subsidiary of KKBEB. The Board of Directors of KKBEB would like to inform that none of the Directors, major shareholders and/or persons connected with them has any interest, direct or indirect in the Acquisition. The Board is of the opinion that the Acquisition is in the best interest of KKBEB Group and not to the detriment of the minority shareholders. |
| Company Name | KKB ENGINEERING BERHAD |
| Stock Name | KKB |
| Date Announced | 6 May 2008 |
| Category | General Announcement |
| Reference No | CC-080506-30735 |
