General Announcement for PLC

26/04/2017

OTHERS Sand Nisko Capital Berhad (formerly known as Len Cheong Holding Berhad) ("SNC" or "Company") Proposed Shareholders Mandate and Proposed Renewal of Share Buy-Back Authority

SAND NISKO CAPITAL BERHAD

Type Announcement
Subject OTHERS
Description 
Sand Nisko Capital Berhad (formerly known as Len Cheong Holding Berhad) ("SNC" or "Company")
Proposed Shareholders Mandate and Proposed Renewal of Share Buy-Back Authority

The Board of Directors of SNC wishes to announce that the Company proposes to seek the approval of its shareholders for the following proposals at the forthcoming Annual General Meeting to be convened:

(i) Proposed renewal of existing shareholders' mandate and new shareholders' mandate for recurrent related party transactions of a revenue or trading nature ("Proposed Shareholders' Mandate"); and 

(ii) Proposed renewal of authority for the Company to purchase its own shares ("Proposed Renewal of Share Buy-Back Authority")

A Circular to Shareholders which sets out details of the aforesaid proposals will be dispatched to the shareholders of the Company in due course.

This announcement is dated 26 April 2017.



Announcement Info

Company Name SAND NISKO CAPITAL BERHAD
Stock Name SNC
Date Announced 26 Apr 2017
Category General Announcement for PLC
Reference Number GA1-26042017-00018


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