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BackMar 24, 2016
Type Announcement
Subject OTHERS
Description

SINO HUA-AN INTERNATIONAL BERHAD ("HUA-AN" OR "THE COMPANY") - PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

The Board of Directors of Hua-An wishes to announce that the Company will be seeking approval from its shareholders for the following proposals at the forthcoming Tenth Annual General Meeting:-
(a) proposed renewal of shareholders' mandate for recurrent related party transactions of a revenue or trading nature; and

(b) proposed renewal of share buy-back authority of up to ten percent (10%) of the issued and paid-up capital of the Company.

[Items (a) and (b) collectively referred to as "the Proposals".]


A circular setting out the details of the Proposals will be despatched to the shareholders of the Company in due course.

This announcement is dated 24 March 2016.





Announcement Info

Company Name SINO HUA-AN INTERNATIONAL BERHAD
Stock Name HUAAN
Date Announced 24 Mar 2016
Category General Announcement for PLC
Reference Number GA1-24032016-00047