Circular To Shareholders On RRPT

Kindly note that Boustead Holdings Berhad has been delisted on 28 June 2023 and the contents in this section are for historical purposes.


At the AGM held on 24 April 2019, the Company had obtained the 2019 Mandate to enter into Recurrent Related Party Transactions. The 2019 Mandate shall, in accordance with the Listing Requirements, lapse at the conclusion of the forthcoming AGM unless authority for its renewal is obtained from the shareholders of the Company at the AGM.

Accordingly, the Company had on 28 February 2020 announced to Bursa Malaysia of its intention to seek shareholders’ approval on the Proposal at the forthcoming AGM.

The purpose of this Circular is to provide you with information relating to the Proposal and to seek your approvals on the Ordinary Resolution pertaining to the Proposal to be tabled at the forthcoming AGM. Notice of the AGM together with the Proxy Form is enclosed in the Annual Report of the Company.