OTHERS 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

ORNAPAPER BERHAD

Type Announcement
Subject OTHERS
Description
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

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 Annual General Meeting of the Company:-                             

  1. Proposed Renewal of Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and

  2. 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 22 March 2017.






Announcement Info

Company Name ORNAPAPER BERHAD
Stock Name ORNA
Date Announced 22 Mar 2017
Category General Announcement for PLC
Reference Number GA1-22032017-00066