Date : 20 August 2026

OTHERS BEDI BERHAD ("BEDI" OR THE "COMPANY") (FORMERLY KNOWN AS WMG HOLDINGS BHD.) - (I) PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/ OR TRADING NATURE; AND (II) PROPOSED NEW SHAREHOLDERS' MANDATE UPON COMPLETION OF THE PROPOSED ACQUISITIONS

BEDI BERHAD

Type Announcement
Subject OTHERS
Description 
BEDI BERHAD ("BEDI" OR THE "COMPANY") (FORMERLY KNOWN AS WMG HOLDINGS BHD.) - 
(I) PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/ OR TRADING NATURE;  AND 
(II) PROPOSED NEW SHAREHOLDERS' MANDATE UPON COMPLETION OF THE PROPOSED ACQUISITIONS

The Board of Directors of BEDI wishes to announce that the Company intends to seek the approval of its shareholders for the following proposals at a forthcoming Extraordinary General Meeting of BEDI:

  1. a proposed new shareholders' mandate for recurrent related party transactions of a revenue and/or trading nature ("Proposed New Shareholders' Mandate"); and

     

  2. a proposed conditional shareholders' mandate for recurrent related party transactions of a revenue and/or trading nature, which will become effective only upon completion of both the proposed acquisition by the Company of the entire equity interest in FYT Land (KK) Sdn. Bhd. and Sejati Sentral (Sandakan) Sdn. Bhd., ("Proposed Conditional Shareholders' Mandate")

     

    (collectively, "the Proposals")

A circular to shareholders containing further details of the Proposals, together with the notice of the Extraordinary General Meeting, will be issued and despatched to the shareholders of the Company in due course.

 

This announcement is dated 20 August 2026.



Announcement Info

Company Name BEDI BERHAD
Stock Name BEDI
Date Announced 20 Aug 2026
Category General Announcement for PLC
Reference Number GA1-17082026-00009


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