OTHERS PROGRESSIVE IMPACT CORPORATION BERHAD ("PICORP" OR "THE COMPANY") (1) Proposed Renewal of Shareholders' Mandate for the Company and/or its Subsidiaries to enter into Recurrent Related Party Transactions; and (2) Proposed Renewal of Shareholders' Mandate to Purchase its own Ordinary Shares of up to 10% of the Issued and Paid-Up Share Capital of the Company
PROGRESSIVE IMPACT CORPORATION BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | PROGRESSIVE IMPACT CORPORATION BERHAD ("PICORP" OR "THE COMPANY") (1) Proposed Renewal of Shareholders' Mandate for the Company and/or its Subsidiaries to enter into Recurrent Related Party Transactions; and (2) Proposed Renewal of Shareholders' Mandate to Purchase its own Ordinary Shares of up to 10% of the Issued and Paid-Up Share Capital of the Company |
The Board of Directors of PICORP wishes to announce that the Company will be seeking shareholders' approval at the forthcoming Twenty-Fourth (24th) Annual General Meeting of PICORP on the following proposals:- (1) Proposed Renewal of Shareholders' Mandate for the Company and/or its Subsidiaries to enter into Recurrent Related Party Transactions; and (2) Proposed Renewal of Shareholders' Mandate to Purchase its own Ordinary Shares of up to 10% of the Issued and Paid-Up Share Capital of the Company ("the Proposal") A Circular to shareholders containing details of the Proposals will be despatched to the shareholders of the Company together with the Company's Annual Report in due course. |
Announcement Info
Company Name | PROGRESSIVE IMPACT CORPORATION BERHAD |
Stock Name | PICORP |
Date Announced | 14 Apr 2016 |
Category | General Announcement for PLC |
Reference Number | GA1-14042016-00052 |