1. Proposed Renewal Of Authority For The Company To Purchase Its Own Ordinary Shares 2. Proposed Shareholders' Mandate For Recurrent Related Party Transactions
Type | Announcement |
Subject | OTHERS |
Description |
1. Proposed Renewal of Authority for the Company to Purchase its Own Ordinary Shares 2. Proposed Shareholders' Mandate for Recurrent Related Party Transactions |
The Board of Directors of Tan Chong Motor Holdings Berhad ("the Company") wishes to inform that the Company will seek shareholders' approval on the following proposals at the forthcoming Forty-Ninth Annual General Meeting of the Company:
1. Proposed Renewal of Authority for the Company to Purchase its Own Ordinary Shares ("Proposed Share Buy-Back"); and
2. Proposed Shareholders' Mandate for Recurrent Related Party Transactions ("Proposed Shareholders' Mandate").
A statement/circular containing details of the Proposed Share Buy-Back and Proposed Shareholders' Mandate will be despatched to the shareholders of the Company in due course.
This announcement is dated 26 February 2021.
Announcement Info
Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
Stock Name | TCHONG |
Date Announced | 26 Feb 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-03022021-00053 |