OTHERS SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY") - PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY ("PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY")

SALUTICA BERHAD

Type Announcement
Subject OTHERS
Description
SALUTICA BERHAD ("SALUTICA" OR "THE COMPANY")
- PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY ("PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY")

SALUTICA wishes to announce that the Board of Directors had on 15 October 2018 proposed to seek shareholders approval on the Proposed Renewal of Share Buy-Back Authority by way of an ordinary resolution at the forthcoming Sixth Annual General Meeting ("6th AGM") of the Company to be convened at a later date. In accordance with the Listing Requirement of Bursa Malaysia Securities Berhad, the existing authority to purchase of own shares shall lapse at the conclusion of the forthcoming 6th AGM, unless renewal is obtained.

A share buy-back statement to the shareholders of SALUTICA containing the details of the Proposed Renewal of Share Buy-Back Authority will be despatched to the shareholders of SALUTICA in due course.

This announcement is dated 15 October 2018.






Announcement Info

Company Name SALUTICA BERHAD
Stock Name SALUTE
Date Announced 15 Oct 2018
Category General Announcement for PLC
Reference Number GA1-25092018-00008