PROPOSED ACQUISITION OF A PARCEL OF PROVISIONAL LEASEHOLD LAND OF APPROXIMATELY 27.6 HECTARES TOGETHER WITH BUILDINGS THEREON FROM CMS STEEL BERHAD, A SUBSIDIARY OF CAHYA MATA SARAWAK BERHAD FOR A TOTAL PURCHASE CONSIDERATION OF RM32,000,000 TO BE SATISFIED BY THE ISSUANCE OF 16,000,000 NEW ORDINARY SHARES OF RM1.00 EACH (“SHARES”) IN KKB AT AN ISSUE PRICE OF RM2.00 PER SHARE (“PROPOSED ACQUISITION”) On behalf of the Board of Directors of KKB, AmInvestment Bank Berhad (a member of AmInvestment Bank Group) is pleased to announce that the shareholders of the Company had passed the resolution pertaining to the Proposed Acquisition tabled at the Extraordinary General Meeting of the Company held today.This announcement is dated 24 March 2008.
(KLSE 24-3-2008)
