Ni Hsin Seeks Renewal of Mandate to Buy Back Up to 10% of Shares
Bitget2026/10/29 09:05- Ni Hsin Group seeks shareholder approval on December 7, 2026, to renew authority to repurchase up to 10% of issued ordinary shares.
- The limit covers 62,530,229 shares, including 49,345,336 already held as treasury shares.
- Buybacks must be funded from retained profits; accumulated losses stood at RM 838,000 as of September 30, 2026.
- The board recommends voting in favor of the proposal.
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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