Asia
Kinergy Advancement Seeks 10% Share Buyback Mandate
Kinergy Advancement (KLSE:KAB) is seeking its shareholders' approval to renew share buyback authority to purchase up to 10% of the issued shares in the company's upcoming annual general meeting, according to a Tuesday Malaysian bourse filing.Shares slid over 1% in Wednesday's late afternoon trade.The Malaysian engineering services provider will share a detailed statement of the repurchase plan with shareholders in due time.
KLSE:KAB
