BURSA ANNOUNCEMENTS
Date : 10 May 2011
OTHERS TALIWORKS CORPORATION BERHAD (“Taliworks” or “the Company”) - Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (“RRPT”) (“Proposed Renewal of RRPT Mandate”)
| TALIWORKS CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | TALIWORKS CORPORATION BERHAD (“Taliworks” or “the Company”) - Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature (“RRPT”) (“Proposed Renewal of RRPT Mandate”) |
The Board of Directors of the Company proposes to seek the approval of the shareholders of the Company for a Proposed Renewal of RRPT Mandate at the forthcoming Twentieth Annual General Meeting (“AGM”) of the Company. At the Nineteenth AGM of the Company held on 23 June 2010, the Company had obtained a mandate from its shareholders for Taliworks and/or its subsidiaries (‘the Group”) to enter into RRPT of a revenue or trading nature with related parties in the ordinary course of business which are necessary for the Group’s day-to-day operations (“the RRPT Mandate”). The RRPT Mandate, unless renewed, shall lapse at the conclusion of the forthcoming AGM of the Company. Accordingly the Company intends to seek its shareholders’ approval for the Proposed Renewal of RRPT Mandate at the forthcoming AGM of the Company. A Circular to Shareholders containing details of the Proposed Renewal of RRPT Mandate will be distributed to the shareholders of the Company in due course. This announcement is dated 10 May 2011. | |
Announcement Info
| Company Name | TALIWORKS CORPORATION BERHAD |
| Stock Name | TALIWRK |
| Date Announced | 10 May 2011 |
| Category | General Announcement |
| Reference No | CC-110510-355CC |