Announcement Details/Table Section :
The Board of Directors of KLB wishes to announce that the Company intends to seek its shareholders' approval for the Proposed Shareholders’ Mandate for New Recurrent Related Party Transactions of a revenue or trading nature ("Proposal") at the forthcoming Annual General Meeting of the Company, which is scheduled to be held on Monday, 30 May 2011.
A Circular to Shareholders containing information on the Proposal will be despatched to the shareholders of KLB in due course.
This announcement is dated 20 April 2011.