Sunway REIT Seeks Renewal of Revenue-Generating Transaction Authority; Shares Drop 3%

MT Newswires Live

03/19

Sunway REIT (KLSE:SUNREIT) is seeking to renew its authorization to conduct revenue-generating transactions at its upcoming annual general meeting, according to a filing with Bursa Malaysia on Wednesday.

Shares dropped over 3% in Thursday's midday trade.

The company will share a statement containing details of the repurchase plan with unitholders in due time, the filing said.

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