| Type | Announcement |
| Subject | KKB ENGINEERING BERHAD (“KKB” OR “COMPANY”) (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 (“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”) (“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 (“INCREASE IN AUTHORISED SHARE CAPITAL”); AND (IV) AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF KKB (“AMENDMENTS”). (collectively, the “Proposals”) |
| Contents | On 11 May 2010, Kenanga Investment Bank Berhad (“KIBB”), on behalf of KKB, announced that KKB’s shareholders whose names appear in the Record of Depositors as at the close of business at 5.00 p.m. on 26 May 2010 are entitled to the Bonus Shares and Subdivided Shares. On behalf of the Board of Directors of KKB, KIBB wishes to announce that the number of Bonus Shares is 48,336,000 and the enlarged issued and paid-up share capital comprising 128,896,000 ordinary shares of RM1.00 each in KKB after the Bonus Issue will be subdivided into 257,792,000 new ordinary shares of RM0.50 each in KKB. The enlarged issued and paid-up share capital of KKB in the form of Subdivided Shares shall be listed and quoted on Bursa Malaysia Securities Berhad on 27 May 2010. This announcement is dated 26 May 2010. |
| Company Name | KKB ENGINEERING BERHAD |
| Stock Name | KKB |
| Date Announced | 26 May 2010 |
| Category | General Announcement |
| Reference No | MI-100526-63368 |