Jaya Tiasa Seeks Renewal of Share Buyback Authority for Up to 10% of Issued Shares
Bitget2026/10/29 05:17- Jaya Tiasa shareholders will vote on renewing authority to buy back up to 10% of issued shares at the November 27, 2026 AGM.
- The buyback ceiling is 97,371,700 shares, including existing treasury shares, funded entirely through internally generated funds.
- Shareholders will also consider renewing a recurrent related-party transaction mandate totaling an estimated RM 1.34 billion.
- Proposed crude palm oil and palm kernel sales to Borneo Edible Oils account for RM 1.3 billion of that mandate.
- The board recommends voting for both proposals, with interested directors excluded from the related-party mandate recommendation.
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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