BURSA ANNOUCEMENTS

Date : 25 August 2017

OTHERS - Proposed New and Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature - Proposed Renewal of Shareholders' Mandate on Share Buy-back

ANCOM BERHAD

Type Announcement
Subject OTHERS
Description
-	Proposed New and Renewal of Shareholders' Mandate for Recurrent Related Party 
        Transactions of a Revenue or Trading Nature
-	Proposed Renewal of Shareholders' Mandate on Share Buy-back

Ancom Berhad (“Ancom” or “Company”) wishes to announce that the Company proposes to seek the approval of its shareholders for the following at the forthcoming 48th Annual General Meeting :

 

  1. To approve new and renewal of mandate in respect of recurrent related party transactions pursuant to Paragraph 10.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”); and

     

  2. To approve the renewal of mandate for the Company to purchase up to ten per centum (10%) of its issued and paid-up share capital on Bursa Malaysia Securities Berhad, in accordance with the provisions of Section 127 of the Companies Act 2016, the Company’s Constitution and the MMLR.

 

A Circular to Shareholders / Statement in relation to the above will be sent to the shareholders in due course.

 

This announcement is dated 25 August 2017.






Announcement Info

Company Name ANCOM BERHAD
Stock Name ANCOM
Date Announced 25 Aug 2017
Category General Announcement for PLC
Reference Number GA1-25082017-00016