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Eng Kah Seeks 10% Share Buyback Mandate; Shares Rise 3%

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-- Eng Kah (KLSE:ENGKAH) 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 Friday Malaysian bourse filing.

Shares gained about 3% in Monday's afternoon trade.

The manufacturer of cosmetics, personal care, household, and perfume products will share a detailed statement of the repurchase plan with shareholders in due time.

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