I. Proposed Renewal of Shareholder Mandate for Recurrent Related Party Transactions of A Revenue Or Trading Nature Ii.proposed Authority For scib to Purchase Its Own shares of Up To 10% of The Total Number of Issued Shares Of Scib

The Board of Directors of SCIB wishes to announce that the Company intends to seek approval from its shareholders for the following proposals at the forthcoming 45th Annual General Meeting of the Company:-

1. Proposed Renewal of Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and
2. Proposed Authority for SCIB to Purchase Its Own Shares of up to 10% of the Total Number of Issued Shares of SCIB.

A circular to shareholders in relation to the above proposals will be issued to the shareholders of SCIB in due course.

This announcement is dated 30 November 2021.

Announcement Info