Yoong Onn Seeks Renewal of Mandate to Buy Back Up to 10% of Shares
Bitget2026/10/29 05:35- Yoong Onn Corporation seeks shareholder approval to renew its share buyback authority at its December 3, 2026, annual general meeting.
- The authority would allow purchases of up to 16,000,000 shares, representing 10% of issued shares.
- Shareholders will also vote on renewing the mandate for recurrent related-party transactions of a revenue or trading nature.
- The board recommends voting for the buyback; directors without interests in the related-party mandate recommend supporting its renewal.
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