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TRANSOCEAN HOLDINGS BHD ("Transocean" or "the Company") - PROPOSED SHAREHOLDERS' RATIFICATION AND MANDATE FOR THE RECURRENT RELATED PARTY TRANSACTION OF A REVENUE OR TRADING NATURE WHICH ARE NECESSARY FOR DAY-TO-DAY OPERATIONS

TRANSOCEAN HOLDINGS BHD

TypeAnnouncement
SubjectTRANSOCEAN HOLDINGS BHD ("Transocean" or "the Company")
- PROPOSED SHAREHOLDERS' RATIFICATION AND MANDATE FOR THE RECURRENT RELATED PARTY TRANSACTION OF A REVENUE OR TRADING NATURE WHICH ARE NECESSARY FOR DAY-TO-DAY OPERATIONS
ContentsThe Board of Transocean wish to announce that the Company proposes to seek the approval of its shareholders for the proposed shareholders' ratification and mandate for the recurrent related party transaction of a revenue or trading nature which are necessary for day-to-day operations ("Proposed Shareholders' Ratification and Mandate") at the forthcoming 30th Annual General Meeting of the Company.

A circular setting out the details of the Proposed Shareholders' Ratification and Mandate will be despatched to the shareholders of the Company in due course.

This announcement is dated 31st day of October, 2008.


Announcement Info

Company NameTRANSOCEAN HOLDINGS BHD  
Stock Name TOCEAN    
Date Announced31 Oct 2008  
CategoryGeneral Announcement
Reference NoCS-081031-7B56E



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