WASCO

1.110

-0.02 (-1.8%)

OTHERS WASCO BERHAD ("WB" OR "THE COMPANY") - PROPOSED RENEWAL OF AUTHORITY TO BUY-BACK ITS OWN SHARES BY THE COMPANY; AND - PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR THE EXISTING RECURRENT RELATED PARTY TRANSACTIONS ("RRPTs") OF A REVENUE OR TRADING NATURE AND PROVISION OF FINANCIAL ASSISTANCE.

WASCO BERHAD

Type Announcement
Subject OTHERS
Description 
WASCO BERHAD ("WB" OR "THE COMPANY")
- PROPOSED RENEWAL OF AUTHORITY TO BUY-BACK ITS OWN SHARES BY THE COMPANY; AND
- PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR THE EXISTING RECURRENT RELATED PARTY TRANSACTIONS ("RRPTs") OF A REVENUE OR TRADING NATURE AND PROVISION OF FINANCIAL ASSISTANCE.

The Board of Directors of WB wishes to inform that the Company intends to seek its shareholders' approval on the following items at its forthcoming 26th Annual General Meeting:

 

a)  The renewal of authority to buy-back its own shares of up to ten per centum (10%) of the total number of issued shares of the Company; and

 

b)  The renewal of the existing shareholders' mandate for WB and/or its subsidiaries to enter into RRPTs of a revenue or trading nature and provision of financial assistance.


(Collectively referred to as "Proposals")

 

The Statement of Share Buy-Back and Circular to Shareholders containing the details of the Proposals will be accessible online on the Company's website at www.wascoenergy.com in due course.

 

This announcement is dated 9 April 2026.



Announcement Info

Company Name WASCO BERHAD
Stock Name WASCO
Date Announced 09 Apr 2026
Category General Announcement for PLC
Reference Number GA1-03042026-00035


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