-+ 0.00%
-+ 0.00%
-+ 0.00%
Lion Industries Seeks Shareholder Mandate for Recurrent Related-Party Transactions
Share
Listen to the news
Lion Industries Seeks Shareholder Mandate for Recurrent Related-Party Transactions
  • Lion Industries seeks shareholder approval to renew recurrent related-party transaction mandates at its November 26, 2026, annual general meeting.
  • A new mandate would cover electricity sales to ACB Group and LDP Group, with an estimated value of RM 20 million.
  • Shareholders will also vote on constitutional amendments intended to improve administrative efficiency and align with regulatory developments.
  • The board recommends supporting both proposals, with interested directors excluded from the recommendation on related-party transactions.


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. Lion Industries Corporation Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719367) on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending