The Board of Directors of KNKH wishes to announce that the Company intends to seek its shareholders' approval for the following at its forthcoming Twenty-First (21st) Annual General Meeting, the date of which will be announced in due course:
1) proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature which is necessary for the day-to-day operations of KNKH and/or its subsidiaries in line with Paragraph 10.09, Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad; and
2) proposed renewal of shareholders' mandate to enable KNKH to purchase up to ten per cent (10%) of its issued and paid-up share capital,
(collectively referred to as "the Proposals").
A Circular to Shareholders setting out the details of the Proposals will be dispatched to the shareholders of the Company in due course.
This announcement is dated 4 March 2015.