| Type | Announcement |
| Subject | OTHERS |
| Description |
PROPOSED RENEWAL OF AUTHORITY FOR ELK-DESA RESOURCES BERHAD ("ELK-DESA" OR "THE COMPANY") TO PURCHASE ITS OWN SHARES |
|
The Board of Directors of ELK-DESA wishes to announce that the Company will be seeking its shareholders' approval for the proposed renewal of the authority for ELK-DESA to purchase its own shares of up to 10% of the issued and paid up capital of ELK-DESA ("Proposed Share Buy-Back") at the Twenty-Seventh Annual General Meeting of the Company to be convened on a date to be announced later. Information on the Proposed Share Buy-Back will be despatched to shareholders of ELK-DESA together with the 2016 Annual Report of the Company in due course. This announcement is dated 20 May 2016. |
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| Company Name | ELK-DESA RESOURCES BERHAD |
| Stock Name | ELKDESA |
| Date Announced | 20 May 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18052016-00033 |