ANNOUNCEMENT DETAILS

OTHERS THREE-A RESOURCES BERHAD ("3A" OR THE "COMPANY") - PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK AND PROPOSED RENEWAL OF THE EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE .

THREE-A RESOURCES BERHAD
Announcement Date 17 Mar 2017
Type Announcement
Subject OTHERS
Description THREE-A RESOURCES BERHAD ("3A" OR THE "COMPANY")
PROPOSED RENEWAL OF AUTHORITY FOR SHARE BUY-BACK AND PROPOSED RENEWAL OF THE EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROPOSED NEW SHAREHOLDERS MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE .

The Board of Directors of 3A wishes to announce that the Company proposes to seek the approval of its shareholders for the following proposals at the forthcoming Annual General Meeting:-

  1. Proposed Renewal of Authority for Share Buy-Back by the Company; and
  2. Proposed Renewal of the Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature and Proposed New Shareholders Mandate for Additional Recurrent Related Party Transactions of a Revenue or Trading Nature.

(hereinafter collectively referred to as "the Proposals")

The relevant documents in relation to the Proposals by the Company and 2016 Annual Report setting out the details of the Proposals will be despatched to the shareholders in due course.