George Kent gets shareholders' approval for share buyback exercise

PUCHONG: George Kent (M) Bhd, whose share price has slumped 67% since the general election, this morning received shareholders' nod for its share buyback exercise of up to 10% of its share capital.
The company was quick to get approval for the share buyback plan at an EGM today instead of waiting for its AGM on July 9.
However, George Kent declined to meet the press after the meeting.
At 12pm, the stock was trading at 1 sen or 0.8% higher at RM1.29 on some 4.08 million shares done.