OTHERS PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK; AND PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS ("RRPT") OF A REVENUE OR TRADING NATURE
| YOONG ONN CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK; AND
PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS ("RRPT") OF A REVENUE OR TRADING NATURE |
|
The Board of Directors of YOCB wishes to announce that the Company intends to seek the approval from its shareholders for the following proposals at the forthcoming Sixteenth (16th) Annual General Meeting of the Company:
- Proposed renewal of authority for share buy-back; and
- Proposed renewal of shareholders' mandate for RRPT of a revenue or trading nature.
A circular to shareholders containing information on the proposals will be despatched to the shareholders of YOCB in due course.
This announcement is dated 4 October 2023. |
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Announcement Info
| Company Name | YOONG ONN CORPORATION BERHAD |
| Stock Name | YOCB |
| Date Announced | 04 Oct 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-29092023-00061 |