Gallant Venture publishes FY2025 annual report appendix on mandates renewal

Reuters04-10 18:05

<a href="https://laohu8.com/S/5IG.SI">Gallant Venture</a> publishes FY2025 annual report appendix on mandates renewal

Gallant Venture published FY2025 annual report, outlining continued focus on recurring related-party dealings to support day-to-day operations across vehicle, logistics, property, and support-service activities.
Board set 2026 AGM for April 29 to seek renewal of standing mandate covering recurrent transactions with Salim Group, Indomobil group, directors, controlling shareholders, or their associates.
Directors also plan to renew share buyback authority, positioning company to repurchase shares to support capital management and potentially lift per-share returns.
Mandate would allow buybacks of up to 10% of issued shares, with purchases capped at 105% of recent average price for on-market buys or 120% for off-market offers.
Company reported no share repurchases in 12 months ahead of April 2, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gallant Venture Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 4SKTUQ5549LF0G4A) on April 10, 2026, and is solely responsible for the information contained therein.

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