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Yinson Seeks Renewal of Share Buyback Authority; Shares Drop 3%

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Yinson Holdings (KLSE:YINSON) announced plans to seek shareholder approval for the renewal of its share buyback authority, according to a Thursday filing with Bursa Malaysia.

Shares slid more than 3% in Friday's late afternoon trade.

The energy infrastructure and technology company will share a detailed statement of the repurchase plan with shareholders in due time.

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