ANCOM Nylex seeks shareholder mandate to renew share buyback of up to 10% of issued shares
Bitget2026/09/30 09:20- ANCOM Nylex shareholders will vote at the 57th AGM on 29 Oct 2026 on renewing mandates for RRPTs and share buy-backs.
- RRPT mandate renewal covers ongoing trading transactions with HELM Group and MMOSB, including methanol purchases and media advertising services.
- Share buy-back mandate renewal would allow market repurchases of up to 10% of issued shares, funded up to RM 85.49 million retained profits.
- Directors recommend voting for both resolutions; interested directors abstained from giving an opinion on the RRPT mandate.
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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