Examples of KFS in a sentence
This is deducted from term fees.Kindergarten Fee Subsidy (KFS): A state government subsidy paid directly to the funded service to enable eligible families to attend a funded kindergarten program at no cost (or minimal cost) to promote participation.
As a result of the merger and the share transfer procedures in 2007 and of a capital increase by TL 920 million in 2008, KFS shares in the Bank increased to 81,80%.
On January 7, 2009, we entered into a settlement agreement with KFS whereby, among other things, the CEO resigned from the KFS board and KFS expanded its board from nine to ten seats and appointed our nominees to fill the two vacant seats.
We then requisitioned a special shareholder meeting to remove the CEO and chairman from the KFS board and replace them with our two nominees.
Copies of the following documents are available for inspection free of charge at the place of business of the Manager at 48/F, The Center, 99 Queen’s Road Central, Hong Kong during normal business hours: • Trust Deed and any supplemental deed; • Audited accounts and unaudited interim reports of the Trust and the Sub- Funds; and• the Prospectus and the KFS of each of the Sub-Funds.