PROPOSED SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS MANDATE")
Contents:
The Board of Directors of Kawan Food Berhad wishes to announce that the Company proposes to seek the approval of its shareholders at the forthcoming Annual General Meeting (“AGM”), to empower the Company and its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature which are in the ordinary course of business and are necessary for its day-to-day operations, for the period from the forthcoming AGM until the conclusion of the next AGM.
A Circular to shareholders containing the information on the above proposal will be issued in due course.
