TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS Proposed Renewal of Shareholders' mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
SHH RESOURCES HOLDINGS BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS |
Description | Proposed Renewal of Shareholders' mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature |
At the 25th Annual General Meeting held on 26 November 2019, the Company had obtained a general mandate from its shareholders for the Company and/or its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature with related parties. The said general mandate will continue to be in force until the conclusion of the forthcoming Annual General Meeting of the Company, unless approval for its renewal is obtained from the shareholders of the Company at the Annual General Meeting.
The Board of Directors of SHH Resources Holdings Berhad wishes to announce that at the forthcoming Annual General Meeting, the Company proposes to seek shareholders' approval to renew the shareholders' mandate for Recurrent Related Party Transactions ("RRPTs") of a Revenue or Trading Nature.
A Circular to shareholders containing the details of the above proposal will be despatched to shareholders together with the Company's Annual Report 2020 in due course. |
Announcement Info
Company Name | SHH RESOURCES HOLDINGS BERHAD |
Stock Name | SHH |
Date Announced | 08 Oct 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-08102020-00100 |