News
1) Proposed Renewal of Authority For Share Buy-back 2) Proposed Amendment To The Articles Of Association
BackOct 05, 2007
FACB Industries Incorporated Berhad ("Company") wishes to announce that the Company will be seeking its shareholders' approval at the forthcoming 28th Annual General Meeting for:-(i) a proposed renewal of its existing authority to purchase and/or hold up to 10% of its issued and paid-up share capital.
The existing authority for share buy-back was approved by its shareholders at the 27th Annual General Meeting held on 6 December 2006, and shall expire at the conclusion of the forthcoming 28th Annual General Meeting.
(ii) a proposed amendment to its Articles of Association to comply with Chapter 7 of the Listing Requirements of Bursa Malaysia Securities Berhad.
The notice convening the 28th Annual General Meeting and the details of the proposed renewal and the proposed amendment will be despatched to the shareholders in due course.