Ni Hsin Seeks Renewal of Mandate to Buy Back Up to 10% of Shares

Bitget2026/10/29 09:05

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Ni Hsin Group seeks shareholder approval on December 7, 2026, to renew authority to repurchase up to 10% of issued ordinary shares.
The limit covers 62,530,229 shares, including 49,345,336 already held as treasury shares.
Buybacks must be funded from retained profits; accumulated losses stood at RM 838,000 as of September 30, 2026.
The board recommends voting in favor of the proposal.

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. Ni Hsin Group Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719959) on October 29, 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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Ni Hsin Seeks Renewal of Mandate to Buy Back Up to 10% of Shares

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