Mycron Steel Seeks Renewal of Related-Party Transaction Mandate
Bitget2026/10/30 02:17- Mycron Steel will seek renewal of its recurring related-party transaction mandates at its December 2, 2026, annual general meeting.
- The proposals include financial assistance of up to RM 5 million to Melewar Industrial Group through centralized treasury arrangements.
- Directors recommend voting for the renewals, excluding interested director Tunku Dato' Yaacob Khyra, who will abstain.
- Shareholders will also vote on authorizing directors to issue shares totaling up to 10% of issued shares until the next annual meeting.
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