Kingston Properties Insert New Article 165

Posted: May 30, 2013 at 12:00 am

 

Kingston Properties Limited has advised that at the Company`s annual general meeting held on Tuesday, May 28, 2013, its shareholders approved the following resolution:
“THAT pursuant to Section 10 and other applicable provisions, if any, of the Companies Act, the Articles of Incorporation of Kingston Properties Limited be and are amended as follows:
By inserting a new Article 165 which shall state: “Subject to Section 58 of the Act the company may purchase or otherwise acquire shares issued by it.” And this new Article shall be under a new Heading entitled “Buy Back of Company`s Shares”.

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