OTHERS SAUDEE GROUP BERHAD ("Saudee" or "the Company") (I) PROPOSED NEW AND RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; (II) PROPOSED ADOPTION OF NEW CONSTITUTION OF THE COMPANY; AND (III) PROPOSED RENEWAL OF AUTHORITY TO PURCHASE ITS OWN SHARES (collectively referred to as "Proposals")

SAUDEE GROUP BERHAD

Type Announcement
Subject OTHERS
Description
SAUDEE GROUP BERHAD ("Saudee" or "the Company")
(I)	PROPOSED NEW AND RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; 
(II)	PROPOSED ADOPTION OF NEW CONSTITUTION OF THE COMPANY; AND
(III) 	PROPOSED RENEWAL OF AUTHORITY TO PURCHASE ITS OWN SHARES
(collectively referred to as "Proposals")

The Board of Directors of Saudee wishes to announce that the Company intends to seek shareholders’ approval on the following Proposals at the forthcoming Eleventh Annual General Meeting of the Company: 

  1. Proposed New and Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature;
  2. Proposed Adoption of New Constitution of the Company; and
  3. Proposed Renewal of authority to Purchase its Own Shares.

A circular to shareholders and statement containing the details of the Proposals will be issued and despatched to the shareholders of the Company  together with the 2019 Annual Report in due course.

This announcement is dated 8 November 2019.






Announcement Info

Company Name SAUDEE GROUP BERHAD
Stock Name SAUDEE
Date Announced 08 Nov 2019
Category General Announcement for PLC
Reference Number GA1-03102019-00063