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MALAYSIA STEEL WORKS (KL) BHD |
Type | Announcement |
Subject | OTHERS |
Description | MALAYSIA STEEL WORKS (KL) BHD (“Masteel” or “Company”) – 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 Fiftieth Annual General Meeting of the Company. A Statement to Shareholders containing details in relation to the Proposed Renewal of Share Buy-Back and the Annual Report of the Company for the financial year ended 31 December 2021 will be made available to the shareholders in due course. This announcement is dated 7 April 2022. |