Kobay Technology seeks renewal of 10% share buyback authority
Bitget2026/10/29 09:43- Kobay Technology seeks shareholder approval on December 4, 2026, to renew its authority to buy back up to 10% of issued shares.
- The renewed authority would allow purchases of 26,618,080 additional shares, assuming its 6,000,000 treasury shares remain held.
- Shareholders will also vote to renew a recurrent related-party transaction mandate totaling an estimated RM 106 million.
- The board recommends voting for the buyback renewal; disinterested directors also support the related-party transaction 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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