We refer to the announcement made by Nylex on 26 October 2009, whereby it was announced that the Company proposes to seek the approval of its shareholders, at the 39th Annual General Meeting of the Company:
(a) to renew the mandate in respect of existing recurrent related party transactions with transacting related parties and to obtain a new mandate for additional recurrent related party transactions, pursuant to Paragraph 10.09 of the Listing Requirements of Bursa Securities and Practice Note 12/2001; and
(b) to renew the mandate for the Company to purchase up to ten per centum (10%) of its issued and paid-up share capital on Bursa Securities in accordance with the provisions of Section 67A of the Companies Act, 1965, the Company’s Articles of Association and the Listing Requirements of Bursa Securities;
and that a Circular/Statement to Shareholders in relation to the above will be sent to the shareholders on 27 October 2009.
The Company wishes to announce that the Circular/Statement to Shareholders will be sent to the shareholders at a new date to be determined in due course.
This announcement is dated 27 October 2009. |
27/10/2009