Kenanga Investment Bank Berhad has informed Bursa that its Board wishes to seek shareholders’ approval for the proposed share buy back of up to 10% of the total issued shares of the company.
The proposal will be put forth at the forthcoming Fiftieth (50th) Annual General Meeting of which the date will be announced in due course
The company also said the Share Buy-Back Statement setting out the details of the Proposal will be despatched to the shareholders of the Company in due course.
The share is currently trading at 1.06.