MN Holdings seeks shareholder approval to buy back up to 10% of shares

Bitget2026/10/30 11:39

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MN Holdings will seek shareholder authorization to repurchase up to 10% of issued shares at its December 24, 2026 annual meeting.
The buyback ceiling is 69,182,045 shares, rising to 75,063,490 if all outstanding Warrants and ESOS options are exercised.
Shareholders will also vote on renewing a recurrent related-party transaction mandate covering projects and equipment rentals with Semantra No-Dig Engineering.
The proposed mandate covers estimated project awards of RM 10 million and equipment rentals of RM 3 million through the next annual meeting.
The board recommends voting in favor of both 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. MN Holdings Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3721108) 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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MN Holdings seeks shareholder approval to buy back up to 10% of shares

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