Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue/Trading Nature

Print

Type
:
 Announcement
Subject
:
Proposed Renewal Of Shareholders' Mandate For Recurrent Related Party Transactions Of A Revenue/Trading Nature

Contents
:
Linear Corporation Berhad ("Linear" or "the Company") had, at its 13th Annual General Meeting ("AGM"), held on 27 June 2007, obtained renewal of the shareholders' mandate for its subsidiaries to enter into recurrent related party transactions of a revenue or trading nature ("the Shareholders' Mandate"). The Shareholders' Mandate shall lapse at the conclusion of the Company's forthcoming 14th AGM unless it is renewed.

Announcement Details :


The Board of Directors wishes to announce that the Company intends to seek shareholders' approval for renewal of the Shareholders' Mandate and to seek a new mandate for a new recurrent related party transaction which was announced by the Company on 28 January 2008, at the forthcoming 14th AGM to be held not later than 30 June 2008 ("the Proposed Shareholders' Mandate").

A Circular To Shareholders setting out the details of the Proposed Shareholders' Mandate will be sent to shareholders in due course.