Careplus Seeks Renewal of Share Buyback Authority for Up to 10% of Issued Shares
Bitget2026/10/27 12:34- Careplus Group seeks shareholder approval on November 25, 2026, to renew authority to buy back up to 10% of issued shares.
- The buyback limit represents 85,002,729 shares based on issued shares at October 1, 2026.
- Shareholders will also vote on renewing a mandate for recurring related-party transactions, including RM 3 million in consultancy and management services.
- The board recommends both renewals; interested directors excluded themselves from the recommendation on the related-party mandate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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