| Type | Announcement |
| Subject | (1) RECOMMENDATION OF FIRST AND FINAL DIVIDEND (2) PROPOSED RENEWAL OF AND NEW SHAREHOLDERS’ MANDATES FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“RRPT”) (“Proposed Shareholders’ Mandates”) |
| Contents | The Board of Directors of KKB Engineering Berhad (“KKB”) wishes to announce that the Board has on 23 February 2010:- (i) recommended a first and final dividend of 15 sen per share, consisting of 5 sen (tax exempt) and 10 sen (taxable at 25%), in respect of the financial year ended 31 December 2009. The dates of the dividend entitlement and payment will be determined at a later date. (ii) proposed to seek shareholders’ mandates from the shareholders for both the existing and new RRPTs by way of an ordinary resolution at the forthcoming annual general meeting of KKB (“AGM”) to be convened at a later date. A Circular to Shareholders is currently being prepared for seeking shareholders’ approval on the Proposed Shareholders’ Mandates. The existing shareholders’ mandate was obtained at the AGM of KKB held on 7 May 2009. In accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the existing shareholders’ mandate shall lapse at the conclusion of the forthcoming AGM, unless renewal is obtained. This announcement is dated 23 February 2010. |
| Company Name | KKB ENGINEERING BERHAD |
| Stock Name | KKB |
| Date Announced | 23 Feb 2010 |
| Category | General Announcement |
| Reference No | CC-100212-53760 |
