OTHERS SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") (1) Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (2) Proposed Renewal of authority to purchase its own shares

SAUDEE GROUP BERHAD

Type Announcement
Subject OTHERS
Description
SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY")
(1)	Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
(2)	Proposed Renewal of authority to purchase its own shares

The Board of Directors of Saudee wishes to announce that the Company is proposing to seek shareholders’ approval for the following at the forthcoming Twelfth Annual General Meeting of the Company to be convened at a later date to be announced:-

  1. Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and
  2. Proposed Renewal of authority to purchase its own shares.

(collectively referred to as the “Proposals”).

A circular/statement to shareholders’ containing information on the Proposals will be issued to shareholders in due course.

This announcement is dated 5 November 2020.






Announcement Info

Company Name SAUDEE GROUP BERHAD
Stock Name SAUDEE
Date Announced 05 Nov 2020
Category General Announcement for PLC
Reference Number GA1-05112020-00029