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

BackApr 28, 2010
Date Announced
:
 28/04/2010  




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 and New 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 2010 Annual General Meeting:

a) Proposed Renewal of Share Buy Back Authority ("Proposed Share Buy Back")
b) Proposed Renewal of Shareholders’ Mandate and New 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 28 April 2010.

Announcement Details :