BOXPAK

1.260

(%)

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

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.






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