- Circulars

PROPOSED RENEWAL OF RRPT MANDATE AND PROPOSED NEW RRPT MANDATE

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:-


PART A
PROPOSED BONUS ISSUE OF UP TO 12,801,400 NEW ORDINARY SHARES OF RM1.00 EACH IN P.I.E. INDUSTRIAL BERHAD ("PIB") ("PIB SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING PIB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE"); AND


PART B
I. PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF RRPT MANDATE"); AND
II. PROPOSED NEW SHAREHOLDERS' MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED NEW RRPT MANDATE")
(COLLECTIVELY KNOWN AS "PROPOSED SHAREHOLDERS' MANDATE")

Circular