The terms used herein shall, unless
the context otherwise stated, bear the same meaning as those defined in the
earlier announcement dated 17 October 2014 in relation to the Proposals.
We
refer to the announcements dated 17 October 2014, 12 November 2014, 24 November
2014, 17 February 2015 and 3 March 2015 in relation to the Proposals.
On behalf of the Board of KNM, Affin Hwang IB wishes to
announce that KNM had on 13 March 2015 executed an underwriting agreement with Affin
Hwang IB and MIDF Amanah Investment Bank Berhad (Underwriting Agreement) to underwrite up to 325,553,823 Rights
Shares for which no undertaking has been obtained, representing approximately 75.63%
of the Rights Shares under the Maximum Scenario based on the issue price of
RM0.50 per Rights Share, subject to the terms and conditions of the
Underwriting Agreement.
Further, on behalf of the Board of KNM, Affin Hwang IB
also wishes to announce that KNM had on 13 March 2015 executed the Deed Poll B.
A copy of the Underwriting Agreement and
the Deed Poll B will be made available for inspection at the Registered Office
of KNM at 15 Jalan Dagang SB 4/1, Taman Sungai Besi Indah,
43300 Seri Kembangan, Selangor Darul Ehsan during normal business hours from Monday to
Friday (except public holidays) for a period of three (3) months from the date
of this announcement.
This announcement is dated 13 March 2015.