Bursa
Announcements

Ekovest Berhad (“EB” or “the Company”) wishes to announce that in accordance with Paragraph 10.09 and Practice Note 12 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad on Recurrent Related Party Transactions of a Revenue or Trading Nature (“RRPTs”), the Board of Directors of EB proposes to seek Shareholders’ approval for the proposed renewal of shareholders’ mandate for EB and its subsidiaries to enter into RRPTs at the forthcoming 38th Annual General Meeting (“38th AGM”) of the Company.

At the 37th Annual General Meeting held on 9 December 2022, the Shareholders of the Company had granted a mandate for EB and its subsidiaries to enter into RRPTs.  The said mandate if not renewed will lapse at the conclusion of the forthcoming 38th AGM.

The proposed renewal of the mandate will take effect from the date of passing the relevant resolution at the forthcoming 38th AGM until the conclusion of the next Annual General Meeting in 2024.

A Circular to Shareholders of EB setting out the details of the above proposal and the resolution pertaining thereto will be dispatched to the Shareholders in due course.

This announcement is dated 23 October 2023.