Date : 15 November 2010




Entitlement date30/11/2010
Entitlement time05:00:00 PM
Entitlement subjectOthers
Period of interest payment to
Financial Year End
Share transfer book & register of members will be 30/11/2010 to 30/11/2010 closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur

Tel: 03 - 2264 3883
Fax: 03 - 2282 1886
Payment date 06/12/2010
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers30/11/2010 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorCurrency
CurrencyMalaysian Ringgit (MYR)
Entitlement in Currency2.7

Remarks :
The trading of the ordinary shares of RM1.00 each in KSB ("KSB Shares") on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) will be suspended with effect from 9.00 a.m on 24 November 2010, which is three (3) clear market days prior to the Entitlement Date (as defined herein). Accordingly, the last day of trading of KSB Shares on the Main Market of Bursa Securities prior to suspension shall be 5.00 p.m on 23 November 2010. The trading of KSB Shares on the Main Market of Bursa Securities will continue to be suspended until the completion of the Capital Repayment and the subsequent de-listing of KSB from the Official List of Bursa Securities.

Under the Capital Repayment, shareholders, whose names appear in the Record of Depositors at the close of business at 5.00 p.m. on 30 November 2010 (“Entitlement Date”), would be entitled to the Capital Repayment in respect of:

(i) KSB Shares transferred into the respective shareholders’ Central Depository System accounts before 4.00 p.m. on 30 November 2010; and

(ii) KSB shares bought on Bursa Securities on a cum-entitlement basis according to the rules of Bursa Securities,

and shall receive a cash amount of RM2.70 in consideration for the cancellation of every one (1) KSB Share held on the Entitlement Date (but before the bonus issue of such number of new KSB Shares (“Bonus Shares”) to be credited as fully paid-up in the proportion of 1.70 Bonus Shares for every one (1) existing KSB Share, solely for the purpose of facilitating the Capital Repayment). None of the Bonus Shares will be credited into the individual securities accounts of the respective entitled shareholders, since the Bonus Shares will be immediately cancelled pursuant to the Capital Repayment.

The cash payment for the Capital Repayment is expected to be despatched to entitled shareholders on 6 December 2010.

As stated in the Circular dated 29 July 2009 by KSB, on implementation of the Capital Repayment and Warrant Scheme (which entails payment to warrantholders of KSB of RM1.20 in cash for every one (1) warrant in KSB held (“KSB Warrant”) on 15 November 2010, and thereafter all the outstanding KSB Warrants shall be cancelled), an application shall be made to Bursa Securities for the de-listing of KSB from the Official List of Bursa Securities.

Please refer to the Notice to Shareholders dated 16 November 2010 for further information on the suspension of trading of KSB Shares and the Entitlement Date.

This announcement is dated 15 November 2010.

Announcement Info

Stock Name KURNIA    
Date Announced15 Nov 2010  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-101115-54180