OTHERS INSAS BERHAD ("INSAS" OR "THE COMPANY") - PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES INSAS BERHAD
Type Announcement Subject OTHERS Description INSAS BERHAD ("INSAS" OR "THE COMPANY") - PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES The Board of Directors of Insas wishes to announce that the Company intends to seek the approval of its shareholders for the proposed renewal of authority for the Company to purchase its own shares ("Proposal") at the 59th Annual General Meeting of the Company.
A statement containing the details of the Proposal will be made available on the Company's website at www.insas.net in due course.
Insas can only do SBB with waiver of Dato' Sri Thong from the obligation to offer MGO if SBB result in Dato' Sri Thong and PAC holding trigger the 33% threshold.
This s000hai sslee...still wants to waive THONG from MGO....just get this konman THONG to do his part on MGO mah...if he plan to increase his stake in this valuable INSAS mah!
Do not let Thong konning us for a free ride mah!
Why must let Thong abuse us asking for unfair priviledge mah!?
Insas can only do SBB with waiver of Dato' Sri Thong from the obligation to offer MGO if SBB result in Dato' Sri Thong and PAC holding trigger the 33% threshold.
The Board of Directors of Insas wishes to announce that the Company intends to seek the approval of its shareholders for the proposed renewal of authority for the Company to purchase its own shares ("Proposal") at the 59th Annual General Meeting of the Company.
A statement containing the details of the Proposal will be made available on the Company's website at www.insas.net in due course.
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TheContrarian
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Posted by TheContrarian > 2021-09-29 14:14 | Report Abuse
Insas below RM1 IBs cannot buy.