Seni Jaya Seeks Renewal of Share Buyback Authority for Up to 10% of Shares
Bitget2026/10/23 09:55- Seni Jaya seeks shareholder approval on December 14, 2026, to renew authority to buy back up to 10% of issued shares.
- The renewal would permit further purchases of 38,384,663 shares, assuming unchanged issued capital and existing treasury holdings.
- Shareholders will also vote on new and renewed mandates for recurring related-party transactions involving OCR Care, OCR Construction and OCR Templer.
- Estimated transactions total RM 50,000 for parking, RM 100,000 for utilities and maintenance, and RM 350,000 for advertising-related services.
- Directors excluding interested director Ong Kah Hoe recommend voting for the transaction mandates; he will abstain from voting.
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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