OTHERS WANG-ZHENG BERHAD (1) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE") (2) PROPOSED RENEWAL OF AUTHORITY TO PURCHASE ITS OWN SHARES OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN THE COMPANY (PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY)
| WANG-ZHENG BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | WANG-ZHENG BERHAD
(1) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE")
(2) PROPOSED RENEWAL OF AUTHORITY TO PURCHASE ITS OWN SHARES OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN THE COMPANY (PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY) |
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The Board of Directors of Wang-Zheng Berhad wishes to announce that the Company intends to seek for its shareholders’ approval for the following at the forthcoming Annual General Meeting of the Company to be convened at a later date to be announced:
(1) Proposed Renewal of Shareholders' Mandate; and (2) Proposed Renewal of Share Buy-Back Authority. (collectively referred to as the "Proposals").
A Circular to Shareholders containing the details on the Proposals will be made available via electronic means to the shareholders of the Company in due course.
This announcement is dated 17 April 2024. |
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Announcement Info
| Company Name | WANG-ZHENG BERHAD |
| Stock Name | WANGZNG |
| Date Announced | 17 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16042024-00087 |