Malayan Cement seeks renewal of share buyback authority for up to 10% of shares

Bitget2026/10/30 00:57

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Malayan Cement seeks renewal of authority to buy back up to 10% of issued shares at its December 3, 2026, AGM.
The buyback would cover up to 166,636,849 shares based on the existing issued share count.
Shareholders will also vote on renewing recurrent related-party transaction mandates totaling RM 940.71 million.
New mandates would cover transactions totaling RM 35.18 million with CEPCO Group and RM 76.02 million with NSL Group.
The board recommends voting for the buyback; directors without interests in the related-party mandates recommend voting for those proposals.

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. Malayan Cement Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720476) 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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Malayan Cement seeks renewal of share buyback authority for up to 10% of shares

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