General Announcement for PLC
24/04/2019OTHERS Sand Nisko Capital Berhad ("SNC" or "Company") (i) Proposed Share Buy-Back; and (ii) Proposed Shareholders' Mandate
SAND NISKO CAPITAL BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | Sand Nisko Capital Berhad ("SNC" or "Company") (i) Proposed Share Buy-Back; and (ii) Proposed Shareholders' Mandate |
The Board of Directors of the Company wishes to announce that SNC proposes to seek its shareholders' approval for the following proposals at the forthcoming Annual General Meeting of SNC: (i) Proposed renewal of shareholders' mandate for the Company to enable SNC to purchase up to ten percent(10%) of its issued share capital at any point of time ("Proposed Share Buy-Back"); and (ii) Proposed renewal of existing shareholders' mandate for the recurrent related party transactions of a revenue and/or trading nature ("Proposed Shareholders' Mandate"). The Circular pertaining to the Proposed Share Buy-Back and Proposed Shareholders' Mandate will be despatched to the shareholders of SNC in due course. This announcement is dated 24 April 2019.
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Announcement Info
Company Name | SAND NISKO CAPITAL BERHAD |
Stock Name | SNC |
Date Announced | 24 Apr 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-24042019-00083 |
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