is it good to buy?

1. Introduction
The Board of Directors of K-One Technology Bhd wishes to announce that the Group has been awarded new orders from a multinational to manufacture communication accessories estimated to value at approximately RM 20 million (twenty million ringgit) for supply during financial year 2015. These are high end communication accessories for global sales and distribution.

2. Financial Effects
The awarded new orders are expected to contribute positively to the Group’s earnings for the next financial year of 2015.

3. Risks
The secured orders are subjected to the normal business or operations risks such as competition which the Group would take appropriate measures to minimize them.

4. Directors’ & Substantial Shareholders’ Interests
None of the directors or major shareholders of the Group, or any person connected to them, has any direct or indirect interest in the above awarded new orders.

This Announcement is dated 25 November 2014.

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