OTHERS BOX-PAK (MALAYSIA) BHD. ("BOX-PAK" OR "THE COMPANY") (I) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES; AND (II) PROPOSED RENEWAL OF MANDATE FOR THE COMPANY AND ITS SUBSIDIARIES TO ENTER INTO RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
| BOX-PAK (MALAYSIA) BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | BOX-PAK (MALAYSIA) BHD. ("BOX-PAK" OR "THE COMPANY")
(I) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES; AND
(II) PROPOSED RENEWAL OF MANDATE FOR THE COMPANY AND ITS SUBSIDIARIES TO ENTER INTO
RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE |
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The Board of Directors of Box-Pak wishes to announce that the Company intends to seek shareholders’ approval in respect of the following proposals at the forthcoming Forty-Seventh Annual General Meeting of the Company:
1. Proposed renewal of authority for the Company to purchase its own shares of up to 10% of the total number of issued shares of the Company; and
2. Proposed renewal of mandate for the Company and its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature.
The Share-Buy Back Statement and the Circular to Shareholders containing detailed information on the abovementioned proposals will be issued in due course.
This announcement is dated 6 April 2021. |
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Announcement Info
| Company Name | BOX-PAK (MALAYSIA) BERHAD |
| Stock Name | BOXPAK |
| Date Announced | 06 Apr 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05042021-00019 |