Sunway REIT Seeks Renewal of Revenue-Generating Transaction Authority; Shares Drop 3%
MT Newswires Live
Mar 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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