PROPOSED AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES ("PROPOSED SHARE BUY-BACK)
The Board of Directors of Comintel Corporation Bhd ("Comcorp or the Company") wishes to announce that the Company will be seeking approval from its shareholders at the coming Annual General Meeting, for the Company to be authorised to purchase on Bursa Malaysia Securities Berhad, such number of ordinary shares in Comcorp representing up to 10% of the issued and paid-up share capital of the Company subject to the prevailing laws and relevant regulations, rules and guidelines as may be issued by the relevant authorities.
Announcement Info
Company Name | COMINTEL CORPORATION BHD |
Stock Name | COMCORP |
Date Announced | 27 May 2009 |
Category | General Announcement |
Reference No | CC-090527-64284 |