OTHERS SUPERLON HOLDINGS BERHAD ("SUPERLON" OR "THE COMPANY") - PROPOSED RENEWAL OF THE AUTHORITY TO PURCHASE UP TO TEN PERCENT (10%) OF THE TOTAL ISSUED AND PAID-UP SHARE CAPITAL
| SUPERLON HOLDINGS BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | SUPERLON HOLDINGS BERHAD ("SUPERLON" OR "THE COMPANY")
- PROPOSED RENEWAL OF THE AUTHORITY TO PURCHASE UP TO TEN PERCENT (10%) OF THE TOTAL ISSUED AND PAID-UP SHARE CAPITAL |
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The Board of Directors of Superlon wishes to announce that the Company proposes to seek the shareholders' approval for the proposed renewal of authority for the Company to purchase its own shares (“Proposed Renewal of Share Buy-Back Mandate”).
The Company had on 26 September 2019, obtained its shareholders' mandate to purchase in aggregate of up to 10% of its issued and paid-up share capital. The said mandate shall lapse at the conclusion of the forthcoming annual general meeting ("AGM") of Superlon, unless approval for its renewal is obtained from the shareholders of the Company at the forthcoming AGM.
A Statement to Shareholders containing the details of the Proposed Renewal of Share Buy-Back Mandate will be issued to the shareholders of Superlon in due course.
This announcement is dated 11 August 2020. |
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Announcement Info
| Company Name | SUPERLON HOLDINGS BERHAD |
| Stock Name | SUPERLN |
| Date Announced | 11 Aug 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-10082020-00018 |