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Melewar Industrial Seeks Renewal of Mandate to Buy Back Up to 10% of Shares
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Melewar Industrial Seeks Renewal of Mandate to Buy Back Up to 10% of Shares
  • Melewar Industrial Group seeks shareholder approval on December 2, 2026, to renew authority to repurchase up to 10% of issued shares.
  • The buyback would cover a maximum of 35,945,610 shares based on current issued shares.
  • Shareholders will also vote on renewing existing related-party transaction mandates, including financial assistance, and granting a new recurrent related-party transaction mandate.
  • The board recommends voting in favor of the share buyback renewal.


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. Melewar Industrial Group Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720536) on October 30, 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.
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