RM1.3bil for KLK’s share buyback


  • Business
  • Wednesday, 31 Dec 2008

PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) has proposed to allocate about RM1.32bil to buy back up to 10% of its paid-up capital.

In a circular issued to shareholders yesterday seeking their mandate for the buyback, the board of directors said the 10% stake would amount to 106.4 million shares.

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