General Announcement for PLC
03/05/2021OTHERS Adventa Berhad ("the Company") - Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("RRPTs") - Proposed New Shareholders Mandate for RRPTs (collectively known as "the Proposals")
ADVENTA BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | Adventa Berhad ("the Company") - Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("RRPTs") - Proposed New Shareholders Mandate for RRPTs (collectively known as "the Proposals") |
The Board of Directors of the Company wishes to announce that the Company proposed to seek shareholders' approval on the Proposals at the forthcoming Eighteenth Annual General Meeting to be convened at a date to be notified later.
The existing authority for shareholders’ mandate obtained on 21 July 2020 for the Company and its subsidiary companies to enter into RRPTs based on the terms set out in the Circular to Shareholders dated 22 June 2020, shall in accordance with Bursa Malaysia Securities Berhad Main Market Listing Requirements, lapse at the conclusion of the forthcoming Eighteenth Annual General Meeting, unless renewal is obtained from the shareholders of the Company at the forthcoming Eighteenth Annual General Meeting.
A Circular to Shareholders containing information on the Proposals will be made available to the shareholders together with the Company’s 2020 Annual Report in due course.
This announcement is dated 3 May 2021. |
Announcement Info
Company Name | ADVENTA BERHAD |
Stock Name | ADVENTA |
Date Announced | 03 May 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-30042021-00028 |