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Yoong Onn Seeks Renewal of Mandate to Buy Back Up to 10% of Shares

PUBT·10/29/2026 05:35:02
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Yoong Onn Seeks Renewal of Mandate to Buy Back Up to 10% of Shares
  • Yoong Onn Corporation seeks shareholder approval to renew its share buyback authority at its December 3, 2026, annual general meeting.
  • The authority would allow purchases of up to 16,000,000 shares, representing 10% of issued shares.
  • Shareholders will also vote on renewing the mandate for recurrent related-party transactions of a revenue or trading nature.
  • The board recommends voting for the buyback; directors without interests in the related-party mandate recommend supporting its renewal.


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. Yoong Onn Corporation Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3719909) on October 29, 2026, and is solely responsible for the information contained therein.