The Board of Directors of Advance Information Marketing Berhad (‘’AIMB” or “the Company”) wishes to announce that the Company intends to seek shareholders’ approval on the Proposed Payment of Settlement Sum of RM200,000.00 to Ms Tan Chin Yen, the Former Executive Director of the Company pursuant to Section 227 of the Companies Act, 2016 (“Proposed Settlement”) at the forthcoming Extraordinary General Meeting (“EGM”) of the Company.
A circular to shareholders containing the details of the Proposed Settlement will be despatched to the shareholders of the Company in due course.
This announcement is dated 17 April 2018.