OTHERS PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND PROPOSED AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES
Created: 18 March 2022
The Board of Directors of P.I.E. Industrial Berhad (“PIB” or “the Company”) wishes to inform that the Company is proposing to undertake the following:-
1. Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and
2. Proposed Authority for the Company to purchase its own shares.
The abovementioned proposals will be tabled for the Shareholders’ consideration at the forthcoming Annual General Meeting. The Statement/Circular to Shareholders containing information on the proposals will be issued in due course.