(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 17 December 2024, 19 December 2024 and 8 January 2025 in relation to the DRP (“Announcements”))

On 9 December 2024, the Board of Directors of KLK (“Board”) has declared the Final Dividend. The Board has also determined that the DRP will apply to the entire portion of the Final Dividend.

Following the above, on behalf of the Board, Maybank IB wishes to announce that the issue price of the new KLK Shares to be issued pursuant to the DRP has been fixed today at RM19.50 per new KLK Share.

Barring any unforeseen circumstances, the new KLK Shares to be issued pursuant to the DRP in respect of the Final Dividend will be listed on the Main Market of Bursa Securities on 27 February 2025. 

This announcement is dated 8 January 2025.

Note:

* Based on the Malaysia Budget 2025, the Finance Minister has introduced dividend tax at the rate of 2% on annual dividend income exceeding RM100,000 received by individual shareholders, which consist of residents, non-residents and individuals who hold shares through nominees with certain exemptions, effective from 1 January 2025. We recommend seeking advice from a tax professional for further guidance.