Details of Announcement

General Announcement

Reference No C&-020613-3223E

Company Name	:	KIA LIM BERHAD
Stock Name	:	KIALIM
Date Announced	:	13/06/2002


Type	:	Announcement
Subject	:	KIA LIM BERHAD ("KIA LIM") - SEVENTH ANNUAL GENERAL MEETING

Contents :

On behalf of the Board of Directors of Kia Lim Berhad, we are pleased to announce that at the Seventh Annual General Meeting of the Company held today, all resolutions were approved, including the re-election of the following Directors:-

a) Datuk Ariss Bin Samsudin
b) Loh Chee Kan
c) Chua Syer Cin
d) Ng Chin Kang
e) Datuk Ng Eng Sos @ Bah Chik

The Board of Kia Lim Berhad presently comprises the following Directors:-

1) Datuk Ng Eng Sos @ Bah Chik (Chairman & Managing Director)
2) Datuk Ariss Bin Samsudin (Vice Chairman & Executive Director)
3) Ng Yeng Keng @ Ng Ka Hiat (Executive Director)
4) Tan See Chip (Executive Director)
5) Ng Chin Kang (Executive Director)
6) Ng Yam Puan @ Ng Ah Bah (Non-Executive Director)
7) Mohd Salleh Bin Jantan (Independent Non-Executive Director)
8) Loh Chee Kan (Independent Non-Executive Director)
9) Tan Seng Kee (Independent Non-Executive Director)
10) Chua Syer Cin (Independent Non-Executive Director)
11) Ng Chin San Alternate Director to Ng Chin Kang (Non-Executive Director)

The present Audit Committee members are as follows:-

1) Loh Chee Kan - Chairman (Independent Non-Executive Director)
2) Tan Seng Kee - Member (Independent Non-Executive Director)
3) Ng Yeng Keng @ Ng Ka Hiat - Member (Executive Director)
4) Chua Syer Cin - Member (Independent Non-Executive Director)

Also approved the following resolutions under Special Business:-

Ordinary Resolution
Authority To Allot Shares

THAT pursuant to Section 132D of the Companies Act, 1965 and subject to the approval of the relevant authorities, the Directors be and are hereby empowered to issue shares in the Company from time to time and upon such terms and conditions and for such purposes as the Directors may, in their absolute discretion, deem fit provided that the aggregate number of shares issued pursuant to this resolution does not exceed 10% of the issued share capital of the Company for the time being and that the Directors be and also empowered to obtain approval for the listing of and quotation for the additional shares so issued on the Kuala Lumpur Stock Exchange and that such authority shall continue in force until the conclusion of the next Annual General Meeting of the Company.

Ordinary Resolution
Authority To Deal With Substantial Property Transaction Involving Directors

THAT in accordance with Section 132E of the Companies Act, 1965, authority be and is hereby given to the Company or its related corporations to enter into arrangements or transactions with the Directors of the Company or any person connected with such Directors (within the meaning of Section 122A, Companies Act, 1965) whereby the Company or its related corporations may acquire from or dispose to such Directors or connected persons non-cash assets including but not limited to capital equipment and related machineries and/or any other assets or products of the Company or its related corporations provided that such acquisitions or disposals are on commercial terms and in the ordinary course of business, such authority will continue to be in force until the conclusion of the next Annual General Meeting and THAT for the avoidance of doubt, any such transactions entered into by the Company or its subsidiaries with the Directors or connected persons prior to the date of this resolution be and are hereby approved.

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