K-ONE TECHNOLOGY BERHAD ("K-ONE TECH" OR THE "COMPANY")

(I) PROPOSED PRIVATE PLACEMENT; AND

(II) PROPOSED ESOS,

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

We refer to the Company's announcement dated 4 January 2017.

On behalf of the Board of Directors of K-One Tech, Mercury Securities Sdn Bhd wishes to announce thatall the resolutions in relation to the Proposals as set out in the Notice of Extraordinary General Meeting (“EGM”) have been passed by the shareholders of K-One Tech at the EGM held today.

The voting in respect of the resolutions was carried out by way of poll and the poll results are attached herewith.

Please refer attachment below.