The Board of Directors of Straits wishes to announce that the Company intends to seek its Shareholders’ approval for the Proposed Renewal of Existing Shareholders’ Mandate on Recurrent Related Party Transactions ("RRPT) and Proposed New Shareholders' Mandate for RRPT at the forthcoming Annual General Meeting.
A Circular to Shareholders in relation to the above Proposals will be dispatched to the shareholders in due course.
This announcement is dated 18 April 2023.