General Announcement for PLC
27/05/2021OTHERS Media Chinese International Limited (the "Company") (a) Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (b) Proposed Renewal of Share Buy-back Mandate (c) Proposed General Mandate to Issue New Shares
MEDIA CHINESE INTERNATIONAL LIMITED |
Type | Announcement |
Subject | OTHERS |
Description | Media Chinese International Limited (the "Company") (a) Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (b) Proposed Renewal of Share Buy-back Mandate (c) Proposed General Mandate to Issue New Shares |
The Board of Directors of the Company wishes to announce that the Company is proposing to undertake the following proposals:
(a) Proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature; (b) Proposed renewal of authorisation for the Company to purchase its own shares up to 10% of the total number of issued shares of the Company; and (c) Proposed general mandate to issue new shares. (hereinafter collectively referred to as the "Proposals")
The Proposals will be tabled for shareholders' consideration at the forthcoming Annual General Meeting. A circular/statement containing details of the Proposals will be despatched to shareholders in due course.
This announcement is dated 27 May 2021. |
Announcement Info
Company Name | MEDIA CHINESE INTERNATIONAL LIMITED |
Stock Name | MEDIAC |
Date Announced | 27 May 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-21052021-00047 |
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