TAFI Industries Seeks Renewal of Share Buyback Mandate for Up to 10% of Issued Shares

Bitget2026/10/28 09:33

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TAFI Industries seeks renewal of authority to buy back up to 10% of issued shares at its November 26, 2026 AGM.
The proposal allows purchases of up to 34,643,010 additional shares, accounting for existing treasury shares.
Shareholders will also vote on new and renewed mandates for recurrent related-party transactions of a revenue or trading nature.
The new mandate covers Golden Armani supplying construction-related services and building materials, with estimated transactions of RM 500 million each.
Directors without interests in the related-party mandates recommend voting in favor; interested directors and major shareholders will abstain.

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. TAFI Industries Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719603) 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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华尔街见闻•2026/11/07 07:31