| Company Name | : | FAVELLE FAVCO BERHAD |
| Stock Name | : | FAVCO |
| Date Announced | : | 07 Apr 2023 |
| Category | : | General Announcement for PLC |
| Reference Number | : | GA1-31032023-00041 |
OTHERS Favelle Favco Berhad ("FFB" or "the Company") (i) Proposed Renewal of Authority for Share Buy-Back (ii) Proposed Renewal of the Existing Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
FAVELLE FAVCO BERHAD
| Type | Announcement |
| Subject | OTHERS |
| Description | Favelle Favco Berhad ("FFB" or "the Company") (i) Proposed Renewal of Authority for Share Buy-Back (ii) Proposed Renewal of the Existing Shareholders' Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature |
The Board of Directors of FFB wishes to announce that the Company intends to seek shareholders’ approval for the following at the forthcoming Thirty-First Annual General Meeting of the Company: -
- Proposed Renewal of Authority for Share Buy-Back; and
- Proposed Renewal of the Existing Shareholders’ Mandate and Proposed New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. (Collectively referred to as “Proposals”)
The Statement/Circular to Shareholders which sets out details of the abovementioned Proposals will be issued in due course.
This announcement is dated 7 April 2023.