Proposed Renewal of Share Buy Back Authority (Proposed Share Buy Back) Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature (Proposed Shareholders' Mandate)

BackMay 12, 2009
General Announcement
Reference No CC-090512-7F5C5

 

Company Name
:
 YNH PROPERTY BERHAD  
Stock Name
:
 YNHPROP  
Date Announced
:
 12/05/2009  


Type
:
 Announcement
Subject
:
YNH Property Bhd ("YNH" or "the Company")
Proposed Renewal of Share Buy Back Authority (Proposed Share Buy Back)
Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature (Proposed Shareholders’ Mandate)

Contents
:
On behalf of the Board of Directors of the Company, we wish to announce that the Company intends to seek the approval of its shareholders to undertake the following proposals at the forthcoming 2009 Annual General Meeting:-

a) Proposed Renewal of Share Buy Back Authority (Proposed Share Buy Back)
b) Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of A Revenue or Trading Nature (Proposed Shareholders’ Mandate)

The Circular to Shareholders setting out the details of the above proposals will be despatched in due course.

This announcement is dated 12 May 2009.