OIB

2.570

+0.06 (+2.4%)

OTHERS ORIENTAL INTEREST BERHAD ("OIB" OR "THE COMPANY") - PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR THE RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE")

ORIENTAL INTEREST BERHAD

Type Announcement
Subject OTHERS
Description
ORIENTAL INTEREST BERHAD ("OIB" OR "THE COMPANY")
- PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR THE RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE")

The Board of Directors of OIB wishes to announce that the Company intends to seek its shareholders' approval for the Proposed Shareholders' Mandate for OIB and its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature at the forthcoming Twenty-Seventh Annual General Meeting of the Company.

 

A Circular to shareholders containing the information on the Proposed Shareholders' Mandate will be issued in due course.

 

This announcement is dated 9 December 2020.






Announcement Info

Company Name ORIENTAL INTEREST BERHAD
Stock Name OIB
Date Announced 09 Dec 2020
Category General Announcement for PLC
Reference Number GA1-09122020-00040