KIA LIM BERHAD
- PROPOSED RENEWAL OF THE EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND
- PROPOSED SHAREHOLDERS' MANDATE FOR NEW RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
(hereinafter referred to as "Proposals")
Contents
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The Board of Directors of KIA LIM BERHAD (hereinafter referred to as "KLB or the Company") wishes to announce that the Company intends to seek shareholders' approval for the abovementioned Proposals at the forthcoming Annual General Meeting to be held on Wednesday, 27 May 2009.
Announcement Details :
The Board of Directors of the Company wishes to announce that the Company intends to seek shareholders' approval for the following matters:-
a) Proposed renewal of the existing shareholders' mandate for recurrent related party transactions of a revenue or trading nature; and
b) Proposed shareholders' mandate for new recurrent related party transactions of a revenue or trading nature.
In compliance with Paragraph 10.09 of the Listing Requirements for the Bursa Malaysia Securities Berhad, KLB will seek its shareholders' approval on the Proposals at the forthcoming Annual General Meeting of the Company, which is scheduled to be held on Wednesday, 27 May 2009.
A circular to shareholders containing information on the Proposals will be despatched to the shareholders of KLB in due course.
