(i) Proposed renewal of shareholders' mandate on Recurrent Related Party Transactions of A Revenue Or Trading Nature ("proposed Renewal of Shareholders' Mandate On RRPT")
(ii) Proposed share Buy-back of Up To Ten Percent (10%) of the Issued And Paid-up share Capital Of The Company ("Proposed Share Buy-back")

BackJul 28, 2010
Date Announced
:
 28/07/2010  




Type
:
 Announcement
Subject
:
RELIANCE PACIFIC BERHAD ("RPB" OR "THE COMPANY")
(I) PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE ON RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE ON RRPT")
(II) PROPOSED SHARE BUY-BACK OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("PROPOSED SHARE BUY-BACK")

Contents
:
The Board of Directors of RPB wishes to announce that the Company intends to seek shareholders' approval for the following proposals at the forthcoming Annual General Meeting ("AGM") to be convened:-

(I) Proposed Renewal of Shareholders' Mandate on Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Renewal of Shareholders' Mandate on RRPT")
(II) Proposed Share Buy-Back of up to ten percent (10%) of the issued and paid-up share capital of the Company ("Proposed Share Buy-Back")

A circular containing the details of the Proposed Renewal of Shareholders' Mandate on RRPT and Proposed Share Buy-Back will be dispatched to shareholders together with Annual Report of RPB in due course.

This announcement is dated 28 July 2010. .

Announcement Details :
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