Hibiscus Petroleum Seeks Renewal of Share Buyback Authority for Up to 10% of Shares

• Hibiscus Petroleum seeks shareholder approval to renew authority to buy back up to 10% of issued shares at its December 3, 2026 AGM.
• The proposed limit represents 73,739,532 shares, with spending capped at retained earnings.
• Renewed authority would run until the next AGM unless it expires earlier or shareholders revoke or vary it.
• The board recommends voting in favor of the 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. Hibiscus Petroleum Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720500) on October 30, 2026, and is solely responsible for the information contained therein.