OTHERS GENTING BERHAD ("GENT") - PROPOSED RENEWAL OF THE AUTHORITY FOR GENT TO PURCHASE ITS OWN SHARES

GENTING BERHAD

Type Announcement
Subject OTHERS
Description
GENTING BERHAD ("GENT")
- PROPOSED RENEWAL OF THE AUTHORITY FOR GENT TO PURCHASE ITS OWN SHARES
At the last Annual General Meeting ("AGM") of GENT held on 20 June 2019, the shareholders of GENT had approved the renewal of the authority for GENT to purchase its own shares of an amount, which, when aggregated with the treasury shares, does not exceed 4% of its prevailing total number of issued shares at any time (“Renewed Share Buy-Back Authority”). The Renewed Share Buy-Back Authority will expire at the conclusion of GENT’s forthcoming AGM.

The Board of Directors of GENT wishes to announce that GENT intends to seek the approval of its shareholders for the proposed renewal of authority for GENT to purchase its own shares of an amount which, when aggregated with the treasury shares, does not exceed 4% of GENT’s prevailing total number of issued shares at any time (“Proposed Share Buy-Back Renewal”) at the forthcoming AGM to be convened.

A statement containing the details of the Proposed Share Buy-Back Renewal will be made available via electronic means to the shareholders of GENT in due course.

This announcement is dated 27 May 2020.





Announcement Info

Company Name GENTING BERHAD
Stock Name GENTING
Date Announced 27 May 2020
Category General Announcement for PLC
Reference Number GA1-27052020-00075