Multiple Proposals

BackJul 28, 2011
Date Announced
:
 28/07/2011  



Type
:
 Announcement
Subject
:
MULTIPLE PROPOSALS

Description
:
RELIANCE PACIFIC BERHAD ("RPB" OR"THE COMPANY")

(1) PROPOSED SHAREHOLDERS' RATIFICATION FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' RATIFICATION AND PROPOSED SHAREHOLDERS' MANDATE ON RRPT")

(2) PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE ON RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE ON RRPT")

(3) PROPOSED SHARE BUY BACK OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID UP SHARE CAPITAL OF THE COMPANY ("PROPOSED SHARE BUY BACK")

Announcement Details/Table Section :

The Board of Directors' of the Company wishes to announce that the Company intends to seek shareholders' approval for the following proposals at the forthcoming Annual General Meeting to be convened at a later date:-

(1) Proposed Shareholders' Ratification and Proposed Shareholders Mandate on RRPT.

(2) Proposed Renewal of Shareholders' Mandate on RRPT.

(3) Proposed Share Buy Back.

A circular containing details of the above mentioned will be dispatched to shareholders together with the Annual Report of RPB in due course.

This announcement is dated 28 July 2011.
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