MULTIPLE PROPOSALS (1) Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue of Trading Nature (2) Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares

NI HSIN RESOURCES BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
(1) Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue of Trading Nature

 (2) Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares

The Board of Directors of NHR wishes to announce that the Company proposes to obtain its shareholders' approval on the following at the forthcoming Thirteenth Annual General Meeting ("AGM") of the Company:-

(i) Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and

(ii) Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares.

 

(hereinafter referred to as the "Proposals")

 

A Circular to Shareholders containing details in relation to the Proposals will be distributed to shareholders of the Company together with the Annual Report of the Company for the financial year ended 31 December 2016.

 

This announcement is dated 3 April 2017.





Announcement Info

Company Name NI HSIN RESOURCES BERHAD
Stock Name NIHSIN
Date Announced 03 Apr 2017
Category General Announcement for PLC
Reference Number GA1-31032017-00070