i. Proposed renewal of Authority to Purchase Own Shares ii. Proposed Renewal of Shareholders' Mandate On Existing Recurrent Related Party Transactions ("RRPT") Of A Revenue Or Trading Nature (collectively Referred To As "The Proposals")
i. PROPOSED RENEWAL OF AUTHORITY TO PURCHASE OWN SHARES ii. PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE ON EXISTING RECURRENT RELATED PARTY TRANSACTIONS ("RRPT") OF A REVENUE OR TRADING NATURE (COLLECTIVELY REFERRED TO AS "THE PROPOSALS")
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The Board of Directors of KPJ Healthcare Berhad ("KPJ" or the "Company") wishes to announce that the Company intends to seek the approval of its shareholders for the following transactions at the forthcoming 16th Annual General Meeting ("AGM") of the Company :-
(a) Proposed renewal of shareholders' mandate for the purchase of the Company's own shares in accordance with Section 67A of the Companies Act, 1965, the Articles of Association and the Listing Requirements of Bursa Malaysia Securities Berhad ("Listing Requirements") ("Proposed Renewal of Authority to Purchase its Own Shares"); and
(b) Proposed renewal of shareholders' mandate on existing recurrent related party transactions ("RRPT") of a revenue or trading nature pursuant to paragraph 10.09 of the Listing Requirements ("Proposed Renewal of RRPT Mandate").
The shareholders' approvals pertaining to the Proposals was renewed at the AGM held on 28 May 2008 and will expire at the forthcoming 16th AGM to be convened not later than 30 June 2009.
The Circular to Shareholders containing the details of the Proposals will be despatched together with the 2008 Annual Report of KPJ in due course.
