OTHERS YNH PROPERTY BERHAD ("YNH" or "the Company") - Proposed Renewal of Share Buy Back Authority - Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature

YNH PROPERTY BERHAD

Type Announcement
Subject OTHERS
Description
YNH PROPERTY BERHAD ("YNH" or "the Company")
-  Proposed Renewal of Share Buy Back Authority
-  Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature

On behalf of the Board of Directors of the Company, we wish to announce that the Company intends to seek the approval of its shareholders to undertake the following proposals at the forthcoming 2020 Annual General Meeting: 

a)  Proposed Renewal of Share Buy Back Authority ("Proposed Share Buy Back")

b)  Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature ("Proposed Shareholders' Mandate")

The Circular to Shareholders for the Proposed Share Buy Back and Statement to Shareholders setting out the details of the above proposals will be despatched in due course. 

This announcement is dated 2 March 2020.






Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 02 Mar 2020
Category General Announcement for PLC
Reference Number GA1-01032020-00003