Bursa Announcements

Proposed Authority For The Company To Purchase Its Own Shares ("Proposed Share Buy-back").

BackJun 16, 2022
Type Announcement
Subject OTHERS
Description

ELK-DESA RESOURCES BERHAD ("ELK-DESA" OR "THE COMPANY") PROPOSED AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES ("PROPOSED SHARE BUY-BACK").

The Board of Directors of ELK-DESA wish to announce that the Company intends to seek its shareholders' approval for the proposed authority to purchase up to ten percent (10%) of its own issued and paid-up share capital ("Proposed Share Buy-Back") at the forthcoming Thirty-Third Annual General Meeting of ELK-DESA to be convened at a date, which will be notified later.

 

The Statement to Shareholders setting out the details of the Proposed Share Buy-Back will be issued to the shareholders of the Company together with the 2022 Annual Report in due course.

 

 

This announcement is dated 16 June, 2022.





Announcement Info

Company Name ELK-DESA RESOURCES BERHAD
Stock Name ELKDESA
Date Announced 16 Jun 2022
Category General Announcement for PLC
Reference Number GA1-15062022-00027