Wednesday, February 2, 2011

K1 - Bonus Issue (2 : 1)

Company: K-ONE TECHNOLOGY BHD
Stock Name: K1
Amount/Ratio: 2 : 1
Announcement Date: 02/02/2011
Ex Date: 17/02/2011

Detail:

EX-date: 17/02/2011

Entitlement date: 21/02/2011

Entitlement time: 05:00:00 PM

Entitlement subject: Bonus Issue

Entitlement description: Bonus issue of up to 273,456,000 new ordinary shares of RM0.10 each in K-One Technology Berhad ("K-One Tech") ("K-One Tech Shares") ("Bonus Shares") to be credited as fully paid up on the basis of two (2) new K-One Tech Shares for every one (1) existing K-One Tech Share held in K-One Tech("Bonus Issue").

Period of interest payment: to

Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya, Selangor, Malaysia
Tel: 603-7841 8000
Fax: 603-7841 8008

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 21/02/2011

Entitlement indicator: Ratio

Ratio: 2 : 1

Remarks: The Bonus Issue entails the issuance of 273,456,000 new K-One Tech Shares on the basis of 2 Bonus Shares for every 1 existing K-One Tech Share held by K-One Tech's entitled shareholders as at 5:00 p.m. on 21 February 2011 ("Entitlement Date").

In accordance with the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the listing of and quotation for the Bonus Shares on the Ace Market of Bursa Securities shall take place on 22 February 2011, being the market day immediately following the Entitlement Date.

Symphony Share Registrars Sdn Bhd, the registrar of K-One Tech, will issue and despatch the notice of allotment to all entitled K-One Tech shareholders by 23 February 2011.

This announcement is dated 2 February 2011.


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