CEPCO Seeks Shareholder Approval for Buyback of Up to 10% of Shares

Bitget2026/10/30 02:05

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CEPCO will seek shareholder authorization on December 2, 2026, to repurchase up to 7,462,460 shares, representing 10% of issued shares.
Buybacks require compliance with the 25% public shareholding requirement; the public float stood at 20.44% on October 2.
Shareholders will vote on ratifying recurrent related-party transactions since April 7, 2026, and a new mandate covering an estimated RM 120.99 million.
The annual general meeting will also consider adopting a new constitution.
The board recommends supporting the buyback; directors without conflicts recommend voting for the related-party transaction ratification and mandate.

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. CEPCO - Concrete Engineering Products Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720502) 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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CEPCO Seeks Shareholder Approval for Buyback of Up to 10% of Shares

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