Financial Wire

NCT Alliance Seeks Fresh Mandates for Share Buy-Backs, Related Party Transactions

-- NCT Alliance (KLSE:NCT) is seeking to renew its authorization to conduct revenue-generating transactions at its upcoming annual general meeting, according to a Wednesday Malaysian bourse filing.

Shares slid about 2% in Thursday's midday trade.

The information and technology company is also seeking its shareholders' nod to renew the authority to repurchase the issued shares of the company.

NCT Alliance will share a statement containing details of the plans with shareholders in due time, the filing said.

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