PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE")

AEON CREDIT SERVICE (M) BERHAD

TypeAnnouncement
SubjectPROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE")
ContentsAEON Credit Service (M) Berhad ("the Company") wishes to announce that in accordance with Chapter 10.09 of the Listing Requirements of Bursa Malaysia Securities Berhad on Recurrent Related Party Transactions of a Revenue or Trading Nature ("RRPTs"), the Board of Directors of the Company proposes to seek Shareholders' approval for the Proposed Shareholders' Mandate for the Company to enter into the RRPTs at the forthcoming Annual General Meeting ("AGM") of the Company to be held on a date to be determined.

The Proposed Shareholders' Mandate will take effect from the date of passing of the relevant resolution at the forthcoming AGM until the conclusion of the next AGM in 2010.

A Circular to Shareholders of the Company setting out the details of the above proposal and the resolution pertaining thereto will be despatched to the Shareholders in due course.


Announcement Info

Company NameAEON CREDIT SERVICE (M) BERHAD  
Stock Name AEONCR    
Date Announced17 Apr 2009  
CategoryGeneral Announcement
Reference NoCC-090409-51427