Proposed Renewal Of Shareholders' Mandate For The Authority To The Company To Purchase Its Own Shares Of Up To Ten Per Centum (10%) Of The Total Number Of Issued Shares; And - Proposed Renewal Of Shareholders' Mandate For The Recurrent Related Party Transactions Of A Revenue Or Trading Nature

The Board of Directors of MBMR wishes to announce that the Company will be seeking shareholders' approval at the forthcoming Twenty-Eighth Annual General Meeting of MBMR on proposed renewal of shareholders' mandate for the authority to the Company to purchase its own shares of up to ten per centum (10%) of the total number of issued shares and proposed renewal of shareholders' mandate for the recurrent related party transactions of a revenue or trading nature ("Proposed Shareholders' Mandates").

A Statement/Circular to Shareholders containing details of the Proposed Shareholders' Mandates will be issued to the shareholders of the Company together with the Company's Annual Report 2021 in due course.

This announcement is dated 15 April 2022.

Announcement Info