D&O GREEN TECHNOLOGIES BERHAD
Proposed Renewal of and New shareholders’ mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
The Board of Directors of D & O Green Technologies Berhad (formerly known as D & O Ventures Berhad) (hereinafter referred to as "D&O" or "the Company") wishes to announce that the Company seeks renewed mandate and new mandate from its shareholders for D&O and its subsidiary companies (hereinafter referred to as "the Group") to enter into recurrent related party transactions of a revenue or trading nature which are necessary for the day to day operations of the Group (hereinafter referred to as "Recurrent Transactions"), at the forthcoming Sixth Annual General Meeting (“6th AGM”) to be held on a date to be announced later.
2. Proposed Renewal of and New shareholders’ mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
During the Company's Fifth Annual General Meeting held on 23 June 2009, the shareholders of D&O had granted a shareholders' mandate to the Group to enter into Recurrent Transactions. The said mandate will expire at the conclusion of the forthcoming Annual General Meeting of the Company. D&O proposes to seek the renewal of and new shareholders' mandate to allow the Group to enter into Recurrent Transactions at the forthcoming 6th AGM of the Company.
3. Circular to shareholders
The circular to shareholders containing the details of the above proposed renewal of and new shareholders' mandate will be issued to the shareholders of D&O in due course.
Announcement Details :
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