The Board of Directors of Daibochi Berhad ("the Company") wishes to announce that the Company intends to seek its shareholders' approval at the forthcoming 47th Annual General Meeting in respect of the following proposals:
1. Proposed renewal of share buy-back authority; and
2. Proposed renewal of shareholders' mandate for recurrent related party transactions
(collectively referred to as the Proposals).

The Circular to shareholders containing the details of the above Proposals will be issued to the shareholders of the Company in due course.

This announcement is dated 21 October 2020.