CWG Holdings seeks shareholder mandate for recurrent related-party transactions
Bitget2026/10/28 01:49- CWG Holdings seeks shareholder approval for a new recurrent related-party transaction mandate at its November 26, 2026, annual general meeting.
- The mandate covers estimated purchases of RM 10 million in food and beverages by Campap Food from PT Batavia Indo Global.
- Authority would run until the next annual general meeting, unless renewed, subject to earlier statutory expiry or shareholder revocation.
- Directors recommend voting in favor, excluding interested director Ooi Chin Soon, who will abstain from voting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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