April 15, 2014

Company announcements: YOKO

YOKO - OTHERS YOKOHAMA INDUSTRIES BERHAD ("YIB" OR "THE COMPANY") - PROPOSED RENEWAL OF EXISTING AND NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE - PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE UP TO 10% OF ITS OWN SHARES IN THE ISSUED AND PAID-UP SHARE CAPITAL

Announcement Type: General Announcement
Company NameYOKOHAMA INDUSTRIES BERHAD  
Stock Name YOKO  
Date Announced15 Apr 2014  
CategoryGeneral Announcement
Reference NoCC-140415-38314

TypeAnnouncement
SubjectOTHERS
DescriptionYOKOHAMA INDUSTRIES BERHAD ("YIB" OR "THE COMPANY")
- PROPOSED RENEWAL OF EXISTING AND NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
- PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE UP TO 10% OF ITS OWN SHARES IN THE ISSUED AND PAID-UP SHARE CAPITAL

The Board of Directors of YIB wishes to announce that the Company intends to seek shareholders' approval for the following proposals at the forthcoming Twentieth Annual General Meeting of the Company:-

1. Proposed renewal of existing and new shareholders' mandate for recurrent related party transactions of a revenue or trading nature; and

2. Proposed renewal of authority for the Company to purchase up to 10 % of its own shares in the issued and paid-up share capital

collectively ("Proposals").

A Circular to Shareholders containing details of the Proposals will be issued to the shareholders of the Company in due course.

This announcement is dated 15 April 2014.



No comments:

Post a Comment