OTHERS PECCA GROUP BERHAD ("PGB" OR "THE COMPANY') - (i) PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK OF UP TO TEN PER CENTUM (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY; AND (ii) PROPOSED NEW SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
PECCA GROUP BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | PECCA GROUP BERHAD ("PGB" OR "THE COMPANY') - (i) PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK OF UP TO TEN PER CENTUM (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY; AND (ii) PROPOSED NEW SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE |
The Board of Directors of PGB wishes to announce that the Company proposes to obtain the shareholders' approval on the following proposals at the forthcoming Tenth Annual General Meeting of the Company:-
(i) Proposed Renewal of Authority for Share Buy-Back of up to ten per centum (10%) of the total number of issued shares of the Company; and (ii) Proposed New Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
A Statement/Circular to Shareholders containing details of the above proposals will be distributed to shareholders in due course.
This announcement is dated 22 October 2020. |
Announcement Info
Company Name | PECCA GROUP BERHAD |
Stock Name | PECCA |
Date Announced | 22 Oct 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-20102020-00070 |