General Announcement
Reference No
MM-020624-53727
Submitting Merchant Bank : COMMERCE INTERNATIONAL MERCHANT BANKERS BERHAD
Company Name : ASIATIC DEVELOPMENT BERHAD
Stock Name : ASIATIC
Date Announced : 24/06/2002

 

Type : Announcement
Subject : ASIATIC DEVELOPMENT BERHAD ("ASIATIC" OR THE "COMPANY")

PROPOSAL FOR PURCHASE OF OWN SHARES; AND

PROPOSED AMENDMENTS TO THE BYE-LAWS OF THE EXECUTIVE SHARE OPTION SCHEME FOR ELIGIBLE EXECUTIVES AND EXECUTIVE DIRECTORS OF ASIATIC AND ITS SUBSIDIARIES

(hereinafter collectively known as the Proposals)


Contents :

On behalf of Asiatic, Commerce International Merchant Bankers Berhad is pleased to announce that the shareholders of Asiatic have approved the resolutions pertaining to the Proposals at the Extraordinary General Meeting of the Company held on 24 June 2002.

This announcement is dated 24 June 2002.