The Board of Directors of SEG International Bhd (“the Company”) wishes to announce that the Company intends to seek the approval of its shareholders on the following Proposals:
- Proposed renewal of shareholders’ authorisation for the Company to purchase its own shares of up to 10% of the issued shares of the Company at any point in time (“the Proposed Share Buy-Back”); and
- Proposed adoption of a new Constitution of the Company in place of its existing Memorandum and Articles of Association (“the Proposed new Constitution”).
at the forthcoming 33rd Annual General Meeting of the Company.
A Statement to Shareholders containing the details of the Proposed Share Buy-Back and the Proposed new Constitution will be published on the Company’s website in due course, and the shareholders will be notified accordingly.
This announcement is dated 10 April 2019.