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Leweko Resources Bhd proposes authority to buy-back its own shares


Monday, 25 Nov 2013 07:00pm EST 

Leweko Resources Bhd:Says it has proposed shares buy-back will involve purchases of up to a maximum of 24,174,840 shares representing approximately 10% of the existing issued and paid-up share capital of the company.Says proposed shares buy-back will be funded from internally generated funds and/or external borrowings.Says in the event that the Proposed Shares Buy Back is to partly financed by external borrowings, the company shall ensure that it will be capable of repaying such borrowings and that such repayment would not have any material effect on the cash flow of the Leweko Group. 

Company Quote

0.175
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3:05am EST