MULTIPLE PROPOSALS CHIN HIN GROUP BERHAD ("CHIN HIN" OR "THE COMPANY") (I) PROPOSED NEW SHAREHOLDERS' MANDATE AND RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE"); AND (II) PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY FOR THE PURCHASE OF ITS OWN ORDINARY SHARES ("PROPOSED SHARE BUY-BACK AUTHORITY")
| CHIN HIN GROUP BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | CHIN HIN GROUP BERHAD ("CHIN HIN" OR "THE COMPANY")
(I) PROPOSED NEW SHAREHOLDERS' MANDATE AND RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE"); AND
(II) PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY FOR THE PURCHASE OF ITS OWN ORDINARY SHARES ("PROPOSED SHARE BUY-BACK AUTHORITY") |
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The Board of Directors of Chin Hin wishes to announce that the Company proposes to seek for the shareholders’ approval for the following proposals at the forthcoming 10th Annual General Meeting of the Company to be convened:
i) Proposed New Shareholders’ Mandate and Renewal of Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (“Proposed Shareholders’ Mandate”); and
ii) Proposed Renewal of Share Buy-Back Authority for the Purchase of its Own Ordinary Shares (“Proposed Share Buy-Back Authority”).
A Circular/Statement to Shareholders containing the details of the above proposals will be issued to the shareholders in due course.
This announcement is dated 22 April 2024. |
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Announcement Info
| Company Name | CHIN HIN GROUP BERHAD |
| Stock Name | CHINHIN |
| Date Announced | 22 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22042024-00025 |