on 20 October 1999 and subsequently became the Chairman on 19 November 2001. Tengku Zafrul, the Managing director was reported in the April 7th, 2006 edition of the Business Times, News Straits Times. He was said to have not renewed his contract that expired on April 6th, 2006.

a) Why did the two important office bearer of the Company resigned after the announcement of the Merger on January 19th, 2006 and before the May 18th, 2006 EGM?

b) Why did the MoF accepted their resignation, in view of two important Corporate Exercise namely; the Corporate Reorganisation plan and Merger with ECM Libra is on going concurrently?

c) Why did David Chua the key management personnel of ECM resigned? Who did he sell his shares to? As a Financial Institution, do theknowledge than Adviser?

Or is it because one of the original shareholder of K&N Kenanga and Director is Dato Aziz bin Hashim, who just happen to be a brother to Tan Sri Azman Hashim, the man allegedly said to be behind the scene in this deal?

5. The EGM of Avenue was marred with improper practices. At the start, the Independent Adviser report was not circulated together with the 14-day EGM notice dated May 3rd, 2006. They were only circulated on May 9th, 2006. The Chairman and Directors of Avenue were reluctant to answer ALL the questions raised by the minority shareholders and mostly redirected to K&N Kenanga.

The resolution for a Waiver from a MGO is meant for Independent Shareholders and strangely shareholders deemed as interested party and represented on