| Type | Announcement |
| Subject | KKB ENGINEERING BERHAD (“KKB” OR “COMPANY”) (I) PROPOSED BONUS ISSUE (II) PROPOSED SHARE SPLIT (III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL (IV) PROPOSED AMENDMENTS (collectively, the “Proposals”) |
| Contents | On behalf of the Board of Directors of KKB (“Board”), Kenanga Investment Bank Berhad (“KIBB”) wishes to announce that the Company proposes to implement the following proposals:- (i) Bonus issue of 48,336,000 new ordinary shares of RM1.00 each held 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 on the Entitlement Date (“Proposed Bonus Issue”); (ii) 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 on the Entitlement Date (“Proposed Share Split”); (iii) Increase in authorised share capital of KKB from RM100,000,000 comprising 100,000,000 KKB Shares to RM250,000,000 comprising 500,000,000 Subdivided KKB Shares (“Proposed Increase in Authorised Share Capital”); and (iv) Amendments to the Memorandum and Articles of Association of KKB (“Proposed Amendments”). Further details of the Proposals are set out in the attachment enclosed. 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 | MI-100223-64143 |
Attachments
