DATE: Wednesday, June 24, 2026

TIME: 9:00 AM

This meeting will be held virtually and may be viewed live via OHA’s website at www.oha.org/livestream or listened to by phone by dialing (213) 338-8477 and entering Webinar ID: 992 6704 0208. Additionally, this meeting can be viewed live on ‘Ōlelo Community Media https://olelo.org/. A physical meeting location will be open to the public for those who wish to provide oral testimony or observe the meeting in person at: Office of Hawaiian Affairs, 560 N. Nimitz Hwy., Suite 200, Honolulu, HI 96817.

1. Call to Order 

2. Approval of Minutes from the Committee on Investment and Land Management 

A.    May 27, 2026

 III.            New Business

A. Action Item ILM #26-07: Approval to authorize and expend up to $172,500 for due diligence activities associated with the potential acquisition by the Office of Hawaiian Affairs (OHA) of KITV, Inc. and KIKU, LLC, including related assets, real property interests, broadcast licenses, and transaction matters, from the Allen Media Group. Due diligence activities shall be completed in two phases: Phase I (up to $45,000) and Phase II (up to $127,500), for a total amount not to exceed $172,500.

 IV.            Executive Session§

A.  Approval of Executive Session Minutes from the Committee on Investment and Land Management

            1. December 3, 2025

            2. May 27, 2026

B. Action Item ILM #26-07: Approval to authorize and expend up to $172,500 for due diligence activities associated with the potential acquisition by the Office of Hawaiian Affairs (OHA) of KITV, Inc. and KIKU, LLC, including related assets, real property interests, broadcast licenses, and transaction matters, from the Allen Media Group. Due diligence activities shall be completed in two phases: Phase I (up to $45,000) and Phase II (up to $127,500), for a total amount not to exceed $172,500.

The Committee anticipates deliberating and consulting with OHA’s attorneys regarding confidential due-diligence activities for the potential acquisition opportunity, including acquisition and transaction strategy, negotiation-related matters, and the Committee’s and Board’s powers, duties, privileges, immunities, and liabilities, pursuant to HRS §§ 92-4, 92-5(a)(3), and 92-5(a)(4).

    V.            Adjournment