OTHERS ORNAPAPER BERHAD (I) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (II) PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES (COLLECTIVELY KNOWN AS PROPOSALS)

ORNAPAPER BERHAD

Type Announcement
Subject OTHERS
Description
ORNAPAPER BERHAD 
(I)	PROPOSED RENEWAL OF EXISTING SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
(II)	PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES
(COLLECTIVELY KNOWN AS PROPOSALS)

The Board of Directors of Ornapaper Berhad (“ORNA” or “the Company”) wishes to inform that the Company intends to seek for its shareholders' approval for the following proposals at the forthcoming 2016 Annual General Meeting of the Company:-          

  • Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and
  • Proposed Renewal of Authority for the Company to Purchase its Own Shares.

A Circular/Statement to the Shareholders containing information on the abovementioned proposals will be despatched to the shareholders of the Company in due course.

This announcement is dated 23rd day of March 2016.






Announcement Info

Company Name ORNAPAPER BERHAD
Stock Name ORNA
Date Announced 23 Mar 2016
Category General Announcement for PLC
Reference Number GA1-23032016-00056