The Board of Directors of Encorp wishes to announce that the Company will be seeking its shareholders' approval for the following proposals at the forthcoming Annual General Meeting of the Company:-
(1) Proposed Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed RRPT Mandate"); and
(2) Proposed Renewal of Authority for Share Buy-Back ("Proposed Renewal").
A circular in relation to the Proposed RRPT Mandate and a statement in relation to the Proposed Renewal will be issued to the shareholders of the Company in due course.
This announcement is dated 28 February 2022.