OTHERS HOVID BERHAD (I) PROPOSED RENEWAL OF SHAREHOLLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF RRPT MANDATE") (II) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO TEN PER CENT (10%) OF THE ISSUED SHARE CAPITAL ("PROPOSED RENEWAL OF SBB MANDATE")

HOVID BERHAD

Type Announcement
Subject OTHERS
Description
HOVID BERHAD 

(I)  PROPOSED RENEWAL OF SHAREHOLLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF RRPT MANDATE")

(II) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO TEN PER CENT (10%) OF THE ISSUED SHARE CAPITAL ("PROPOSED RENEWAL OF SBB MANDATE")

The Board of Directors of Hovid Berhad ("the Company") wishes to announce that the Company intends to seek the approval from ites shareholders for the following at the forthcoming Thirty-seventh Annual General Meeting of the Company:-

 

(I)   Proposed Renewal of RRPT Mandate; and 

(II)  Proposed Renewal of SBB Mandate.

 

(collectively referred to as "the Proposals")

 

A Circular to Shareholders and Statement setting out the details of the Proposals will be despatched to the shareholders of the Company in due course.

 

 

(This announcement is dated 11 October 2017.)






Announcement Info

Company Name HOVID BERHAD
Stock Name HOVID
Date Announced 11 Oct 2017
Category General Announcement for PLC
Reference Number GA1-11102017-00086