YTL Power International Berhad is pleased to announce that all resolutions set out in the Notice of Annual General Meeting ("AGM") dated 3 November 2014 were duly passed by the shareholders present at the Eighteenth AGM held on 25 November 2015.
Share buy back also approve, why the share price still drop. This should be a gd news right. :-(
kevincenturyshare buy back right is approved not share buy back is approved....this mean that company has the right to buy back share (as they renew their right on 25Nov)....but this doesn't mean that they need to exercise such right...if they want to buy back their share, they should have bought it before the AGM (because they still have the right before AGM, but after AGM, such right will expired and need to re-apply)