MULTIPLE PROPOSALS

Reference Number  : GA1-09122015-00079

MULTIPLE PROPOSALS WZ Satu Berhad (“WZ Satu” or “the Company”) – Proposed Renewal of Authority for the Purchase by WZ Satu Berhad of Its Own Shares (“Proposed Renewal of Share Buy-Back Authority”)

Company Name Stock Name Date Announced
WZ SATU BERHAD WZSATU 10 DIS 2015
WZ SATU BERHAD

 

 

 

 

Type Announcement
Subject MULTIPLE PROPOSALS
Description
WZ Satu Berhad ("WZ Satu" or "the Company") - Proposed Renewal of Authority for the Purchase by WZ Satu Berhad of Its Own Shares ("Proposed Renewal of Share Buy-Back Authority")

WZ Satu wishes to announce that the Company is proposing to seek for the approval of its shareholders on the Proposed Renewal of Share Buy-Back Authority at the forthcoming Eleventh Annual General Meeting (“AGM”) of the Company.

 

The Proposed Share Buy-back is to renew the authority granted by the shareholders of the Company at the Tenth AGM held on 13 February 2015. The Proposed Renewal of Share Buy-back Authority will allow the Company to purchase its own shares of up to 10% of the issued and paid-up ordinary share capital of the Company in accordance with Section 67A of the Companies Act, 1965. A Statement containing details in relation to the Proposed Renewal of Share Buy-back Authority will be distributed to shareholders in due course.

 

This announcement is dated 10 December 2015.