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ANCOM Nylex seeks shareholder mandate to renew share buyback of up to 10% of issued shares

PUBT·09/30/2026 09:22:16
ANCOM Nylex seeks shareholder mandate to renew share buyback of up to 10% of issued shares
  • ANCOM Nylex shareholders will vote at the 57th AGM on 29 Oct 2026 on renewing mandates for RRPTs and share buy-backs.
  • RRPT mandate renewal covers ongoing trading transactions with HELM Group and MMOSB, including methanol purchases and media advertising services.
  • Share buy-back mandate renewal would allow market repurchases of up to 10% of issued shares, funded up to RM 85.49 million retained profits.
  • Directors recommend voting for both resolutions; interested directors abstained from giving an opinion on the RRPT mandate.


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. ANCOM Nylex Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3710470) on September 30, 2026, and is solely responsible for the information contained therein.