Ranhill Utilities Seeks Renewal of Share Buyback Mandate for Up to 10% of Shares
Bitget2026/10/29 00:11- Ranhill Utilities will seek renewed authority to repurchase up to 10% of issued shares at its December 2, 2026, AGM.
- The buyback mandate would allow purchases of 128,841,894 additional shares, accounting for existing treasury shares.
- Shareholders will also vote on renewing a mandate covering estimated related-party transactions of RM 900 million involving YTL Corporation joint ventures.
- The board recommends both proposals; Yeoh Keong Yuan and Yeoh Keong Yeen abstained from the related-party mandate recommendation.
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