SKB Shutters seeks shareholder approval to buy back up to 10% of shares

Bitget2026/10/28 04:35

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SKB Shutters will seek shareholder approval on November 27, 2026, to repurchase up to 10% of its issued ordinary shares.
The proposed authority covers up to 19,450,483 shares, which may be canceled or retained as treasury shares.
Buyback spending cannot exceed retained profits, which totaled RM 614,260.01 as of June 30, 2026.
The authority would expire at the next annual general meeting unless renewed, or earlier if revoked or the statutory deadline expires.
The board recommends voting in favor of the buyback 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. SKB Shutters Corporation Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719431) on October 28, 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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SKB Shutters seeks shareholder approval to buy back up to 10% of shares

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