The Board of Directors of Kim Hin Industry Berhad ("the Company") wishes to announce that the Company proposes to seek the approval of the shareholders of the Company for the Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature at the forthcoming Annual General Meeting ("AGM") to be convened on 30 May 2024.

At the last AGM held on 24 May 2023, the Company obtained shareholders' approval to enter into Recurrent Related Party Transactions with related parties on the terms set out in the Circular to shareholders dated 26 April 2023.  The said authorisation shall, in accordance with the Listing Requirements of Bursa Malaysia Securities Berhad, expire at the forthcoming AGM.

A copy of the Circular to the shareholders containing information in relation to the above Proposal will be made available at the Company's Corporate website www.kimhin.com.my and submitted to Bursa Malaysia in due course.

This announcement is dated on 8 April 2024.