【KKB 9466 交流专区】许甲明

icy97

KKB ENGINEERING BERHAD

EX-date	10 Jun 2019
Entitlement date	11 Jun 2019
Entitlement time	05:00 PM
Entitlement subject	First and Final Dividend
Entitlement description	A First and Final Single Tier Dividend of four (4) sen per ordinary share
Period of interest payment	to
Financial Year End	31 Dec 2018
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	BOARDROOM SHARE REGISTRARS SDN BHDLevel 6, Symphony HousePusat Dagangan Dana 1Jalan PJU 1A/4647301Petaling JayaTel:0378418088Fax:0378418100
Payment date	24 Jun 2019
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	11 Jun 2019
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 indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.04

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2019	31 Mar 2018	31 Mar 2019	31 Mar 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	117,759	64,558	117,759	64,558
2	Profit/(loss) before tax	7,380	2,422	7,380	2,422
3	Profit/(loss) for the period	5,106	1,371	5,106	1,371
4	Profit/(loss) attributable to ordinary equity holders of the parent	3,160	1,345	3,160	1,345
5	Basic earnings/(loss) per share (Subunit)	1.23	0.52	1.23	0.52
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.1700		1.1600

icy97

Type	Announcement
Subject	OTHERS
Description	LETTER OF AWARD
INTRODUCTION The Board of Directors (“the Board”) of KKB Engineering Berhad (“KKB”) is pleased to announce that its subsidiary, OceanMight Sdn Bhd (“OMSB”) has received a Letter of Award from MISC Offshore Floating Terminals Dua (L) Limited (“MISC”) for the Provision of Engineering, Procurement, Construction and Commissioning of New ESP Module for Upgrading and Modification on MAMPU-1 and AJK Platform for Vestigo Petroleum Sdn. Bhd. (“MISC CONTRACT”) A formal agreement for the said MISC CONTRACT shall be executed in due course. Secondly, KKB has also been issued with a Supply Order by Mirecont Sdn. Bhd. (“Mirecont”) for the Supply of MSCL Pipes for the Sarawak Water Supply Grid Program. Lastly, KKB has received a Purchase Order from SKE Alliance Sdn. Bhd. (“SKE”) for the Supply of MSCL Pipes for the Sarawak Water Supply Grid Program. The total combined contract sum for MISC, Mirecont and SKE is worth approximately RM29 million (Ringgit Malaysia Twenty Nine Million Only). DURATION OF CONTRACT The MISC CONTRACT is to be completed by December 2019. For Mirecont and SKE, the supply for both shall be progressively delivered or collected by March 2020. FINANCIAL EFFECTS The contract/orders will have no effect on Share Capital of the Company and is expected to contribute positively towards the earnings and net assets of the Company and Group for the duration of the supply period. RISK FACTORS Risk factors affecting the contract/orders include execution risks such as availability of skilled manpower and materials, changes in pricing, weather conditions and/or political, economic and regulatory conditions. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned contract/orders. DIRECTORS’ STATEMENT The Board is of the opinion that the abovementioned contract/orders is in the best interest of KKB and its Group. This announcement is dated 20 June 2019.

icy97

许甲明次季净利翻2倍
https://www.enanyang.my/news/20190816/许甲明次季净利翻2倍/

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2019	30 Jun 2018	30 Jun 2019	30 Jun 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	119,767	93,194	237,526	157,751
2	Profit/(loss) before tax	10,493	3,294	17,873	5,716
3	Profit/(loss) for the period	7,675	2,597	12,780	3,968
4	Profit/(loss) attributable to ordinary equity holders of the parent	5,550	1,760	8,710	3,105
5	Basic earnings/(loss) per share (Subunit)	2.15	0.68	3.38	1.20
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.1600		1.1600

icy97

许甲明获2900万订单
https://www.enanyang.my/news/20190904/许甲明获2900万订单/

Type	Announcement
Subject	OTHERS
Description	LETTER OF AWARD
INTRODUCTION The Board of Directors (“the Board”) of KKB Engineering Berhad (“the Company” or “KKB”) is pleased to announce that KKB has entered into an Agreement with Sinohydro Corporation (M) Sdn. Bhd. (“Sinohydro”) for the Supply of Pipes and Fittings. AND KKB has received an additional Purchase Order for Annual Supply and Delivery of Steel Products from Syarikat SESCO Berhad (“SESCO”). The total combined contract sum for the abovementioned two (2) contracts is worth approximately RM29 million (Ringgit Malaysia: Twenty Nine Million Only). DURATION OF CONTRACT The contract duration for Sinohydro is approximately nine (9) months whereas the supply for SESCO is approximately four (4) months. FINANCIAL EFFECTS The above contracts are expected to contribute positively to the earnings and net assets of the KKB Group for the financial year ending 31 December 2019 and 2020. RISK FACTORS Risk factors affecting the Contracts/order include execution risks such as availability of materials and skilled manpower, changes in pricing, weather conditions and/or political, global economic and regulatory conditions. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned Contracts/order. DIRECTORS’ STATEMENT The Board is of the opinion that the abovementioned Contracts/order is in the best interest of KKB and its Group. This announcement is dated 4 September 2019.

icy97

许甲明-股价若回调可吸购
https://www.enanyang.my/news/20190905/【视频】许甲明-股价若回调可吸购/

icy97

Type	Announcement
Subject	OTHERS
Description	LETTER OF AWARD
INTRODUCTION The Board of Directors (“the Board”) of KKB Engineering Berhad (“KKB”) is pleased to announce that KKB has received two (2) Letters of Award from Jabatan Bekalan Air Luar Bandar Sarawak (“JBALB”) for the Proposed Construction and Completion of Water Supply from Kota Samarahan to Sebuyau, Samarahan Division for Sarawak Water Supply Grid Programme – Stressed Areas. The two (2) Letters of Award is for Contract Package 3A and Contract Package 3B. In addition, KKB has also received additional supply orders for MSCL Pipes & Specials from the followings: i)    Laras Jaya Engineering Sdn Bhd ii)    Cipta Wawasan Maju Engineering Sdn Bhd iii)   Cityon Development Sdn Bhd These supply orders are to be delivered in stages within the 1H2020. The total combined contract sum for the abovementioned contracts and orders is worth approximately RM60.9 million (Ringgit Malaysia Sixty Million Nine Hundred Thousand Only). DURATION OF CONTRACT The contract period for Construction Contract Package 3A is fourteen (14) months commencing from end October 2019 and scheduled to complete by December 2020. For Construction Contract Package 3B, the duration of the contract is sixteen (16) months commencing from end October 2019 and scheduled to complete by February 2021. FINANCIAL EFFECTS The contracts will have no effect on the Share Capital of the Company and are expected to contribute positively towards the earnings and net assets of the Company and Group for the duration of the contracts. RISK FACTORS Risk factors affecting the contracts include execution risks such as availability of materials and skilled manpower, changes in pricing, weather conditions and/or political, economic and regulatory conditions. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned contracts. DIRECTORS’ STATEMENT The Board is of the opinion that the abovementioned contracts are in the best interest of KKB and its Group of companies. This announcement is dated 21 October 2019.

pts2222

（吉隆坡6日讯）许甲明工程（KKB Engineering Bhd）赢得国油勘探（Petronas Carigali）的一项合约，为Bakau非伴生气开发项目的BKD-A提供工程、采购、建设（EPCC）及安装井口平台，以及BNCPP-B顶部主机连接改造。

许甲明工程今日向大马交易所报备，子公司OceanMight私人有限公司接获国油勘探的决标信。

该集团指出，将适时执行正式合约协议。

“工程为期19个月，预计在期内为集团的盈利作出贡献。”

截至2时56分，该股跌5仙或3.45%，报1.40令吉，市值为3亿6091万令吉。

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	165,478	112,183	403,004	269,935
2	Profit/(loss) before tax	28,804	10,643	46,677	16,359
3	Profit/(loss) for the period	23,408	8,587	36,188	12,555
4	Profit/(loss) attributable to ordinary equity holders of the parent	19,335	6,932	28,045	10,036
5	Basic earnings/(loss) per share (Subunit)	7.50	2.69	10.88	3.89
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.2300		1.1600

icy97

Type	Announcement
Subject	OTHERS
Description	LETTER OF AWARD
INTRODUCTION The Board of Directors (“the Board”) of KKB Engineering Berhad (“KKB”) is pleased to announce that its subsidiary company, OceanMight Sdn Bhd has received Letter of Award from the PETRONAS CARIGALI SDN BHD for the Provision of Engineering, Procurement, Construction, Commissioning (EPCC) & Installation of Wellhead Platform for BKD-A and Host Tie-In Modification at BNCPP-B Topsides - Bakau Non-Associated Gas Development Project (“CONTRACT”). A formal agreement for the said CONTRACT shall be executed in due course. DURATION OF CONTRACT The project execution period is Nineteen (19) months. FINANCIAL EFFECTS The CONTRACT will have no effect on Share Capital of KKB and is expected to contribute positively towards the earnings and net assets of the Group for the duration of the CONTRACT. RISK FACTORS Risk factors affecting the CONTRACT include execution risks such as availability of skilled manpower and materials, changes in pricing, weather conditions and/or political, economic and regulatory conditions. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned CONTRACT. DIRECTORS’ STATEMENT The Board is of the opinion that the abovementioned CONTRACT is in the best interest of KKB and its Group. This Announcement is dated 6 January 2020.

icy97

Type	Announcement
Subject	OTHERS
Description	LETTER OF AWARD
INTRODUCTION The Board of Directors (“the Board”) of KKB Engineering Berhad (“KKB”) is pleased to announce that its subsidiary company, OceanMight Sdn Bhd has received Letter of Award from the PTTEP Sarawak Oil Limited for the Provision of Engineering, Procurement, Construction and Commissioning (EPCC) of Pemanis Satellite (PESA) Topside for PTTEP’s Sarawak SK309 Development (Contract No. CP16003) (“CONTRACT”). A formal agreement for the said CONTRACT shall be executed in due course. DURATION OF CONTRACT The project execution period is Eleven (11) months. FINANCIAL EFFECTS The CONTRACT will have no effect on Share Capital of KKB and is expected to contribute positively towards the earnings and net assets of the Group for the duration of the CONTRACT. RISK FACTORS Risk factors affecting the CONTRACT include execution risks such as availability of skilled manpower and materials, changes in pricing, weather conditions and/or political, economic and regulatory conditions. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned CONTRACT. DIRECTORS’ STATEMENT The Board is of the opinion that the abovementioned CONTRACT is in the best interest of KKB and its Group. This Announcement is dated 6 January 2020.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2019	31 Dec 2018	31 Dec 2019	31 Dec 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	156,027	142,544	559,031	412,479
2	Profit/(loss) before tax	31,013	13,129	77,690	29,488
3	Profit/(loss) for the period	25,222	10,475	61,410	23,031
4	Profit/(loss) attributable to ordinary equity holders of the parent	20,266	7,607	48,311	17,644
5	Basic earnings/(loss) per share (Subunit)	7.86	2.95	18.74	6.84
6	Proposed/Declared dividend per share (Subunit)	6.00	4.00	6.00	4.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.3100		1.1600

icy97

Type	Announcement
Subject	OTHERS
Description	LETTER OF AWARD
INTRODUCTION The Board of Directors ("the Board") of KKB Engineering Berhad ("the Company" or "KKB") is pleased to announce that the Company has been awarded the Tender for Annual Supply and Delivery of Steel Poles Ref.: DPC108/19 from Sarawak Energy Berhad. The contract sum for the abovementioned contract is approximately RM15 million (Ringgit Malaysia: Fifteen Million Only). DURATION OF CONTRACT The contract duration is approximately one (1) year. FINANCIAL EFFECTS The above contract is expected to contribute positively to the earnings and net assets of the KKB Group for the financial year ending 31 December 2020. RISK FACTORS Risk factors affecting the contract include execution risk such as COVID-19's Movement Control Order, availability of skilled manpower and materials, change in pricing, weather conditions and/or political, economic and regulatory conditions. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned contract. DIRECTORS' STATEMENT The Board is of the opinion that the abovementioned contract is in the best interest of KKB and its Group. This Announcement is dated 20 April 2020.

icy97

Type	Announcement
Subject	OTHERS
Description	LETTER OF AWARD
INTRODUCTION The Board of Directors ("the Board") of KKB Engineering Berhad ("the Company" or "KKB") is pleased to announce that the Company has received a Letter of Award from Kuching Water Board ("KWB") for the Proposed Construction, Completion and Commissioning of Water Supply from Jalan Batu Kawa/Matang to and fro Matang Mid-Level Reservoir for Sarawak Water Supply Grid Program - Stressed Areas (Tender Ref.: KWB/T/13/2019). A formal Contract Agreement shall be executed in due course. The contract sum for the abovementioned contract is worth approximately RM53 million (Ringgit Malaysia: Fifty Three Million Only). DURATION OF CONTRACT The contract period is sixteen (16) months commencing from May 2020, subjected to the final approval by the State Government of Sarawak. FINANCIAL EFFECTS The contract will have no effect on the Share Capital of the Company and is expected to contribute positively towards the earnings and net assets of the Company and Group for the duration of the contract. RISK FACTORS Risk factors affecting the contract include execution risk such as COVID-19's Movement Control Order, supply chain disruptions and availability of materials, skilled manpower, equipment or specialized machineries, Forex and change in pricing, weather conditions and/or political, economic and regulatory conditions. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned contract. DIRECTORS' STATEMENT The Board is of the opinion that the abovementioned contract is in the best interest of KKB and its Group of companies. This announcement is dated 4 May 2020.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2020	31 Mar 2019	31 Mar 2020	31 Mar 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	108,181	117,759	108,181	117,759
2	Profit/(loss) before tax	12,352	7,380	12,352	7,380
3	Profit/(loss) for the period	9,249	5,106	9,249	5,106
4	Profit/(loss) attributable to ordinary equity holders of the parent	6,819	3,160	6,819	3,160
5	Basic earnings/(loss) per share (Subunit)	2.65	1.23	2.65	1.23
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.3300		1.3100

icy97

KKB ENGINEERING BERHAD

Entitlement subject	First and Final Dividend
Entitlement description	A First and Final Single Tier Dividend of six (6) sen per ordinary share
Ex-Date	26 Aug 2020
Entitlement date	27 Aug 2020
Entitlement time	5:00 PM
Financial Year End	31 Dec 2019
Period
Share transfer book & register of members will be	to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	15 Sep 2020
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	27 Aug 2020
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 indicator	Currency
Announced Currency	Malaysian Ringgit (MYR)
Disbursed Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	Malaysian Ringgit (MYR) 0.0600

pts2222

https://www.theedgemarkets.com/a ... t-profit-falls-4292

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2020	30 Jun 2019	30 Jun 2020	30 Jun 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	89,201	119,767	197,382	237,526
2	Profit/(loss) before tax	9,951	10,493	22,304	17,873
3	Profit/(loss) for the period	6,770	7,675	16,019	12,780
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,364	5,550	11,183	8,710
5	Basic earnings/(loss) per share (Subunit)	1.69	2.15	4.34	3.38
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.3500		1.3100

icy97

Type	Announcement
Subject	OTHERS
Description	LETTER OF AWARD
INTRODUCTION The Board of Directors (“the Board”) of KKB Engineering Berhad (“KKB”) is pleased to announce that its subsidiary company, OceanMight Sdn. Bhd. has received a Letter of Award from MALAYSIA MARINE AND HEAVY ENGINEERING SDN. BHD. and TECHNIP GEOPRODUCTION (M) SDN. BHD. for Provision of Engineering, Procurement and Construction (EPC) of Flare Platform for Kasawari Gas Development Project (“EPC Subcontract”). A formal agreement for the said EPC Subcontract will be executed in due course. DURATION OF CONTRACT The completion date for the subcontract is scheduled to be completed within the first half of 2022. FINANCIAL EFFECTS The contract will have no effect on Share Capital of KKB and is expected to contribute positively towards the earnings and net assets of the Group for the duration of contract. RISK FACTORS Risk factors affecting the contract include execution risks such as COVID-19’s Movement Control Order, supply chain disruptions and availability of materials, skilled manpower, equipment or specialized machineries, Forex and change in pricing, weather conditions and/or political, economic and regulatory conditions. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned contract. DIRECTORS’ STATEMENT The Board is of the opinion that the abovementioned contract is in the best interest of KKB and its Group. This Announcement is dated 25 August 2020.

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	117,753	165,478	315,135	403,004
2	Profit/(loss) before tax	16,844	28,804	39,148	46,677
3	Profit/(loss) for the period	13,436	23,408	29,455	36,188
4	Profit/(loss) attributable to ordinary equity holders of the parent	11,036	19,335	22,219	28,045
5	Basic earnings/(loss) per share (Subunit)	4.28	7.50	8.62	10.88
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.3300		1.3100

icy97

Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	MEMORANDUM OF UNDERSTANDING BETWEEN OCEANMIGHT SDN. BHD., A SUBSIDIARY OF KKB ENGINEERING BHD. ("KKB") AND SAMSUNG ENGINEERING CO., LTD.
INTRODUCTION KKB is pleased to announce that its subsidiary, OceanMight Sdn. Bhd. (“OMSB”) has entered into a Memorandum of Understanding (“MOU”) with Samsung Engineering Co., LTD. (“SECL”), a company duly incorporated under the laws of the Republic of Korea (“Korea”) whose registered office is at Samsung GEC, 26, Sangil-ro 6-gil, Gandong-gu, Seoul 05288, Korea for both parties to cooperate and collaborate with each other in the preparation, submission and negotiation of tenders for projects worldwide which may involve specialized scope of work and supply. DURATION OF CONTRACT The MOU shall be valid for 2 years subjected to the terms of the MOU. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders and/or person connected with them has any interest, direct or indirect in the abovementioned MOU. DIRECTORS’ STATEMENT The Board of Directors is of the opinion that the abovementioned MOU is in the best interest of KKB and its Group. This announcement is dated 6 October 2021.