Kimlun Corporation Berhad Annual Report 2020

DIRECTORS’ REPORT 200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) Dividends (cont'd) Directors Pang Tin @ Pang Yon Tin** Sim Tian Liang** Chin Lian Hing** Yam Tai Fong (f)** Pang Khang Hau** Kek Chin Wu Dato' Paduka (Dr.) Ir. Hj. Keizrul Bin Abdullah @ Lim Teik Keat Chua Kee Yat @ Koo Kee Yat** Datuk Woon See Chin (Appointed on 1 October 2020) ** These directors are also directors of certain subsidiaries of the Company. Pang Chew Ngo Chia Booi Hooi Lee Kai Long Lew Kim Bock Welihedi Bin Md Lani Cheah U Leon Leong Chee Kian Yap Wei Sam Loh Wui Tek The names of the directors of the Company in office since the beginning of the financial year to the date of this report are: The names of the directors of the Company's subsidiaries in office since the beginning of the financial year to the date of this report (not including those directors listed above) are: The shareholders of the Company ("Shareholders") have been granted an option to elect to reinvest their entitlement of the abovementioned final dividend in new ordinary shares in the Company ("New Shares") in accordance with the approved Dividend Reinvestment Plan of the Company ("DRP"). The reinvestment rate for the abovementioned dividend was 77.99%. At the forthcoming Annual General Meeting ("AGM"), a final (single-tier) dividend in respect of the financial year ended 31 December 2020, of 1.0 sen per ordinary share will be proposed for shareholders’ approval. The financial statements for the current financial year do not reflect this proposed dividend. Such dividend, if approved by the shareholders, will be accounted for in equity as an appropriation of retained earnings in the financial year ending 31 December 2021. The Board of Directors has determined that the DRP will not apply to the final dividend. - 2 - Kimlun Corporation Berhad Registration No. 200901023978 (867077-X) 059