Singapore Shipping Seeks for Approval of Share Buyback Mandate

MT Newswires07-15

Singapore Shipping (SGX:S19) said that it will seek shareholder approval during its upcoming annual general meeting for the renewal of its share buyback mandate, according to a filing with the Singapore Exchange on Monday.

Based on the proposal, the company's directors will be allowed to acquire or purchase no more than 10% of the total number of issued shares of the company.

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