OTHERS ALCOM GROUP BERHAD ("AGB" 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
| ALCOM GROUP BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | ALCOM GROUP BERHAD ("AGB" 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 AGB wishes to announce that the Company intends to seek shareholders' approval in respect of the following proposals at the forthcoming Third Annual General Meeting of 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 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 8 April 2021. |
|
Announcement Info
| Company Name | ALCOM GROUP BERHAD |
| Stock Name | ALCOM |
| Date Announced | 08 Apr 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07042021-00022 |