Circular/Notice to Shareholders

SYF RESOURCES BERHAD

Subject STATEMENT/CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:- (I) PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE FUNDS RAISED PURSUANT TO THE DISPOSAL BY SYF RESOURCES BERHAD (SYF) OF THE ENTIRE ISSUED SHARE CAPITAL IN GREAT PLATFORM SDN BHD (GREAT PLATFORM) TO MIECO CHIPBOARD BERHAD (MIECO) TOGETHER WITH THE SETTLEMENT BY MIECO OF THE SHAREHOLDERS ADVANCES OWED BY GREAT PLATFORM TO SYF, WHICH WAS COMPLETED ON 27 FEBRUARY 2018 (PROPOSED VARIATION); (II) PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (PROPOSED RENEWAL RRPT MANDATE) AND PROPOSED NEW SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (PROPOSED NEW RRPT MANDATE) (COLLECTIVELY, PROPOSED RRPT MANDATE); (III) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES (PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY); AND (IV) PROPOSED ADOPTION OF NEW CONSTITUTION OF THE COMPANY (PROPOSED ADOPTION) (COLLECTIVELY KNOWN AS THE PROPOSALS)


Please refer attachment below.



Announcement Info

Company Name SYF RESOURCES BERHAD
Stock Name SYF
Date Announced 30 Nov 2018
Category Document Submission
Reference Number DCS-27112018-00026