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Home / Proposed Renewal of Authority for the Company to Purchase its own Ordinary Shares of up to Ten Per Centum (10%) of its Total Number of Issued Shares

The Board of Directors of Masteel wishes to announce that the Company proposes to seek shareholders’ approval for the proposed renewal of authority for the Company to purchase its own ordinary shares (“Proposed Renewal of Share Buy Back”) at the forthcoming Forty-Eighth (“48th”) Annual General Meeting (“AGM”) of the Company.

A Statement to Shareholders containing details in relation to the Proposed Renewal of Share Buy Back will be issued and despatched to shareholders of the Company in due course.

This announcement is dated 19 May 2020.