Ekovest seeks shareholder approval to renew recurrent related-party transaction mandate

Bitget2026/10/30 08:02

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Ekovest seeks shareholder approval on December 2, 2026, to renew its mandate for recurring related-party revenue or trading transactions.
The mandate covers ordinary-course transactions on terms no more favorable to related parties than those available to the public.
Proposed transport, building-material and spare-parts transactions with Knusford rise to RM 800 million from RM 200 million under the existing mandate.
The board, excluding interested directors, recommends voting in favor; the renewed mandate would generally run until the next annual meeting.

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. Ekovest Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720610) 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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Ekovest seeks shareholder approval to renew recurrent related-party transaction mandate

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