YTL Power Seeks Renewal of Share Buyback Authority for Up to 10% of Issued Shares

Bitget2026/10/30 00:53

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YTL Power International shareholders will vote December 3, 2026, on renewing authority to buy back up to 10% of issued shares.
The buyback authority would remain effective until the next annual meeting, unless it expires earlier or shareholders revoke or vary it.
Shareholders will also consider renewing existing recurrent related-party transaction mandates totaling an estimated RM 2.61 billion.
A new mandate would cover an estimated RM 35.34 million in project management and related technical support procurement from YTL Corporation Group.
The board recommends supporting the buyback; directors excluding interested members and Syed Abdullah Bin Syed Abd. Kadir recommend supporting the transaction mandates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. YTL Power International Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720472) on October 30, 2026, and is solely responsible for the information contained therein.

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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YTL Power Seeks Renewal of Share Buyback Authority for Up to 10% of Issued Shares

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