OTHERS Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed Renewal of Authority for the Company to Purchase Its Own Ordinary Shares.
PENSONIC HOLDINGS BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed Renewal of Authority for the Company to Purchase Its Own Ordinary Shares. |
The Board of Directors of Pensonic Holdings Berhad ("the Company") wishes to announce that the Company intends to seek its shareholders' approval on the following Proposals at its forthcoming Annual General Meeting:
(a) Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (“Proposed Shareholders’ Mandate”); and
(b) Proposed Renewal of Authority for the Company to Purchase Its Own Ordinary Shares (“Proposed Renewal of Share Buy-Back Authority”).
A Circular containing the details of the Proposed Shareholders’ Mandate and Statement of Proposed Renewal of Share Buy-Back Authority will be issued to the shareholders of the Company in due course.
This announcement is dated 22 September 2022. |
Announcement Info
Company Name | PENSONIC HOLDINGS BERHAD |
Stock Name | PENSONI |
Date Announced | 22 Sep 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-07092022-00016 |