In approving the listing of the Company on the Second Board of Bursa Malaysia Securities Berhad, the Securities Commission ("SC") had, vide its approval letter dated 25 April 2005, imposed a condition that KFB should make quarterly announcements on the status of the applications in respect of all that piece of land held under H.S. (D) 98527, for No. P.T. Tapak Perusahaan Shah Alam, Daerah Petaling, Negeri Selangor with address at Lot 20, Jalan Pengapit 15/19, 40200 Shah Alam, Selangor Darul Ehsan ("Lot 20")("Condition").

The SC has, vide its letter dated 30 April 2007, approved a further extension of three (3) months to 25 July 2007 for KFB to comply with the Condition.

In this respect, the Board of Directors of KFB wishes to announce that, subsequent to a site inspection by Jabatan Perancangan and Jabatan Bangunan of Majlis Bandaraya Shah Alam ("MBSA") on 3 April 2007, the Company has received letters of support from both MBSA indicating their support for the issuance of Certificate of Fitness ("CF") on 12 April 2007 and 23 April 2007 respectively.

The Company's architect has on 9 May 2007 submitted Borang E together with other relevant documents to MBSA in order to facilitate the issuance of CF. MBSA has, vide its letter dated 11 May 2007, informed the Company's architect to collect the CF within 14 market days from the date of MBSA's letter i.e. by 30 May 2007.

This announcement is dated 21 May 2007.