• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


SUNWAY INFRASTRUCTURE BERHAD ("SUNINFRA" OR "THE COMPANY") - PROPOSED SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

SUNWAY INFRASTRUCTURE BERHAD

Type

Announcement
SubjectSUNWAY INFRASTRUCTURE BERHAD ("SUNINFRA" OR "THE COMPANY")
- PROPOSED SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

Contents :

The Board of Directors of SunInfra wishes to announce that SunInfra intends to seek its shareholders' approval for the proposed shareholders' mandate for recurrent related party transactions ("RRPT") of a revenue or trading nature (hereinafter referred to as "the Proposed RRPT Mandate") at the forthcoming Annual General Meeting ("AGM") of the Company .


Pursuant to Paragraph 10.09(1) of the Listing Requirements of Bursa Malaysia Securities Berhad and Practice Note No. 12/2001, SunInfra had procured the renewal of the shareholders' mandate at its last AGM held on 27 November 2006, to allow SunInfra and its subsidiary to enter into RRPT of a revenue or trading nature and in the ordinary course of business which are necessary for the day-to-day operations with related parties. The shareholders' mandate will be in force until the conclusion of the forthcoming AGM, unless the mandate is renewed.

A Circular to Shareholders which sets out the details of the Proposed RRPT Mandate will be despatched to the shareholders together with the Annual Report of SunInfra in due course.

This announcement is dated 29 October 2007.



Announcement Info

Company NameSUNWAY INFRASTRUCTURE BERHAD  
Stock Name SUNINFR    
Date Announced29 Oct 2007  
CategoryGeneral Announcement
Reference NoSI-071029-68CF8




Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X