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 RENEWAL OF 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 RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE |
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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 Eleventh 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 Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature.
A Statement/Circular to Shareholders containing the information on the above will be issued in due course.
This announcement is dated 25 October 2021. |
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Announcement Info
| Company Name | PECCA GROUP BERHAD |
| Stock Name | PECCA |
| Date Announced | 25 Oct 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22102021-00031 |