General Announcement

Reference No CS-141121-41254

Company Name
:
WZ SATU BERHAD
Stock Name
:
WZSATU
Date Announced
:
21 Nov 2014 

 

MULTIPLE PROPOSALS WZ Satu Berhad ("WZ Satu" or "the Company") - Proposed Renewal of Authority for the Purchase by WZ Satu Berhad of Its Own Shares ("Proposed Renewal of Share Buy-Back Authority")

  WZ SATU BERHAD
 
Type Announcement
Subject MULTIPLE PROPOSALS
Description WZ Satu Berhad ("WZ Satu" or "the Company") - Proposed Renewal of Authority for the Purchase by WZ Satu Berhad of Its Own Shares ("Proposed Renewal of Share Buy-Back Authority")
  WZ Satu wishes to announce that the Company is proposing to seek for the approval of its shareholders on the Proposed Renewal of Share Buy-Back Authority at the forthcoming Tenth Annual General Meeting ("AGM") of the Company to be convened.

The Proposed Share Buy-back is to renew the authority in respect of the share buy-back granted by the shareholders of the Company at the Ninth AGM held on 24 October 2013. The Proposed Renewal of Share Buy-back Authority will allow the Company to purchase its own shares of up to 10% of the issued and paid-up ordinary share capital of the Company in accordance with Section 67A of the Companies Act, 1965. A Statement containing details in relation to the Proposed Renewal of Share Buy-back Authority will be distributed to shareholders in due course.

This announcement is dated 21 November 2014.