| Subject | CIRCULAR TO SHAREHOLDERS in relation to the
- PROPOSED BONUS ISSUE OF UP TO 27,830,000 NEW ORDINARY SHARES OF RM1.00 EACH IN KNM GROUP BERHAD ("KNM")("KNM SHARES")(OR UP TO 55,660,000 NEW ORDINARY SHARES OF RM0.50 EACH IN KNM ("SUBDIVIDED KNM SHARES") IF THE PROPOSED BONUS ISSUE IS IMPLEMENTED AFTER THE IMPLEMENTATION OF THE PROPOSED SHARE SPLIT (AS DEFINED BELOW), TO BE CREDITED AS FULLY PAID UP, ON THE BASIS OF ONE (1) NEW ORDINARY SHARE IN KNM FOR EVERY TWO (2) EXISTING ORDINARY SHARES IN KNM HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER;
- PROPOSED SHARE SPLIT OF EVERY ONE (1) EXISTING KNM SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER INTO TWO (2) NEW SUBDIVIDED KNM SHARES ("PROPOSED SHARE SPLIT");
- PROPOSED EMPLOYEES' SHARE OPTION SCHEME FOR ELIGIBLE EMPLOYEES AND DIRECTORS OF KNM AND ITS SUBSIDIARIES ("PROPOSED ESOS");
- PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF KNM FROM RM50,000,000 TO RM200,000,000; AND
- PROPOSED AMENDMENT TO THE ARTICLES OF ASSOCIATION TO ENABLE THE NON-EXECUTIVE DIRECTORS TO PARTICIPATE IN SHARE SCHEME(S) FOR EMPLOYEES |