Transactions by LEADER STEEL HOLDINGS BHD (LDST) in the last 6 months

The shareholders of Leader Steel Holdings Bhd (KLSE:LSTEEL) authorized a share repurchase program at its Annual General Meeting on May 27, 2013. Under the program, the company will repurchase own shares, such that the company’s holding in treasury does not exceed 10% of its issued share capital. The maximum fund to be allocated by the company for the purpose of purchasing the shares shall not exceed the aggregate of the retained profits and share premium account of the ... company. The repurchases will be in accordance with provisions of the company’s Memorandum and Articles of Association, the Listing Requirements of Bursa Malaysia Securities Berhad for MESDAQ Market (“Bursa Securities”) and any other applicable laws, rules, regulations and guidelines for the time being in force. The shares purchased may be cancelled, or may be retained as treasury shares in accordance with the relevant rules of Bursa Securities for distribution as dividend to the shareholders and/or resell through Bursa Securities and/or subsequently cancelled; and/or part of the shares may be retained as treasury shares with the remaining being cancelled. The share buyback program shall be valid until the earliest of the conclusion of the next Annual General Meeting, or the expiration of the period within which the next Annual General Meeting of the company is required by the Bye-laws of company to be held or the passing of an ordinary resolution by the shareholders of the company in general meeting revoking or varying the authority given to the directors of the company by this resolution.
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