{"id":2260,"date":"2019-04-01T14:38:57","date_gmt":"2019-04-01T14:38:57","guid":{"rendered":"https:\/\/masteel.investor.net.my\/?p=2260"},"modified":"2019-04-01T14:41:11","modified_gmt":"2019-04-01T14:41:11","slug":"proposed-renewal-of-authority-for-the-company","status":"publish","type":"post","link":"https:\/\/masteel.investor.net.my\/proposed-renewal-of-authority-for-the-company.html","title":{"rendered":"Proposed Renewal of Authority for the Company"},"content":{"rendered":"\n<p>The Board of Directors of Masteel&nbsp;wishes to announce that the Company proposes to obtain shareholders\u2019 approval for the proposed renewal of authority for the Company to purchase its own ordinary shares (\u201cProposed Renewal of Share Buy Back\u201d) at the forthcoming Forty-Seventh&nbsp;(\u201c47th\u201d) Annual General Meeting (\u201cAGM\u201d) of the Company.<\/p>\n\n\n\n<p>At the AGM of the Company held on 21&nbsp;June 2018, the shareholders of Masteel&nbsp;had granted a mandate for the Company to purchase up to 10% of its own ordinary shares. The authority shall expire at the conclusion of the forthcoming 47th AGM of the Company.<\/p>\n\n\n\n<p>A Statement to Shareholders containing details in relation to the Proposed Renewal of Share Buy Back will be distributed to shareholders together with the Annual Report of the Company for the financial year ended 31 December 2018.<\/p>\n\n\n\n<p>This announcement is dated 1 April 2019.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Board of Directors of Masteel&nbsp;wishes to announce that the Company proposes to obtain shareholders\u2019 approval for the proposed renewal of authority for the Company to purchase its own ordinary shares (\u201cProposed Renewal of Share Buy Back\u201d) at the forthcoming Forty-Seventh&nbsp;(\u201c47th\u201d) Annual General Meeting (\u201cAGM\u201d) of the Company. At the AGM of the Company held [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Proposed Renewal of Authority for the Company - Malaysia Steel Works IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/masteel.investor.net.my\/proposed-renewal-of-authority-for-the-company.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proposed Renewal of Authority for the Company - Malaysia Steel Works IR\" \/>\n<meta property=\"og:description\" content=\"The Board of Directors of Masteel&nbsp;wishes to announce that the Company proposes to obtain shareholders\u2019 approval for the proposed renewal of authority for the Company to purchase its own ordinary shares (\u201cProposed Renewal of Share Buy Back\u201d) at the forthcoming Forty-Seventh&nbsp;(\u201c47th\u201d) Annual General Meeting (\u201cAGM\u201d) of the Company. At the AGM of the Company held [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/masteel.investor.net.my\/proposed-renewal-of-authority-for-the-company.html\" \/>\n<meta property=\"og:site_name\" content=\"Malaysia Steel Works IR\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-01T14:38:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-01T14:41:11+00:00\" \/>\n<meta name=\"author\" content=\"Alicia Loo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alicia Loo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/masteel.investor.net.my\/proposed-renewal-of-authority-for-the-company.html\",\"url\":\"https:\/\/masteel.investor.net.my\/proposed-renewal-of-authority-for-the-company.html\",\"name\":\"Proposed Renewal of Authority for the Company - Malaysia Steel Works IR\",\"isPartOf\":{\"@id\":\"https:\/\/masteel.investor.net.my\/#website\"},\"datePublished\":\"2019-04-01T14:38:57+00:00\",\"dateModified\":\"2019-04-01T14:41:11+00:00\",\"author\":{\"@id\":\"https:\/\/masteel.investor.net.my\/#\/schema\/person\/418506fd64e0fc21b3fce914df170a51\"},\"breadcrumb\":{\"@id\":\"https:\/\/masteel.investor.net.my\/proposed-renewal-of-authority-for-the-company.html#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/masteel.investor.net.my\/proposed-renewal-of-authority-for-the-company.html\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/masteel.investor.net.my\/proposed-renewal-of-authority-for-the-company.html#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/masteel.investor.net.my\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Proposed Renewal of Authority for the Company\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/masteel.investor.net.my\/#website\",\"url\":\"https:\/\/masteel.investor.net.my\/\",\"name\":\"Malaysia Steel Works IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/masteel.investor.net.my\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/masteel.investor.net.my\/#\/schema\/person\/418506fd64e0fc21b3fce914df170a51\",\"name\":\"Alicia Loo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/masteel.investor.net.my\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2f6303da854427e27bd3d289be02d045?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2f6303da854427e27bd3d289be02d045?s=96&d=mm&r=g\",\"caption\":\"Alicia Loo\"},\"url\":\"https:\/\/masteel.investor.net.my\/author\/alicia\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Proposed Renewal of Authority for the Company - Malaysia Steel Works IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/masteel.investor.net.my\/proposed-renewal-of-authority-for-the-company.html","og_locale":"en_US","og_type":"article","og_title":"Proposed Renewal of Authority for the Company - Malaysia Steel Works IR","og_description":"The Board of Directors of Masteel&nbsp;wishes to announce that the Company proposes to obtain shareholders\u2019 approval for the proposed renewal of authority for the Company to purchase its own ordinary shares (\u201cProposed Renewal of Share Buy Back\u201d) at the forthcoming Forty-Seventh&nbsp;(\u201c47th\u201d) Annual General Meeting (\u201cAGM\u201d) of the Company. 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