Ekovest seeks shareholder approval to renew recurrent related-party transaction mandate
Bitget2026/10/30 08:02- Ekovest seeks shareholder approval on December 2, 2026, to renew its mandate for recurring related-party revenue or trading transactions.
- The mandate covers ordinary-course transactions on terms no more favorable to related parties than those available to the public.
- Proposed transport, building-material and spare-parts transactions with Knusford rise to RM 800 million from RM 200 million under the existing mandate.
- The board, excluding interested directors, recommends voting in favor; the renewed mandate would generally run until the next annual meeting.
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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