Innity seeks shareholder approval to renew related-party transaction mandate

Bitget2026/10/28 06:22

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Innity seeks shareholder approval on December 4, 2026, to renew its mandate for recurrent related-party transactions of a revenue or trading nature.
The proposed mandate totals RM 12.84 million, up from RM 8.84 million.
Advertising services provided to Hakuhodo DY Group would rise to an estimated RM 10 million from RM 6 million, a 66.67% increase.
Non-interested directors recommend voting in favor of the renewal, which would generally remain effective until the next annual general meeting.

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. Innity Corporation Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719453) 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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Innity seeks shareholder approval to renew related-party transaction mandate

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