Investor Relations - News
Share Buyback
BackSep 07, 2006
The Board of Directors of MTQ Corporation Limited ("the Company") is pleased to announce that, as part of its capital management efforts, the Company will shortly commence a share buyback programme pursuant to the share buyback mandate approved by shareholders at the extraordinary general meeting held on 21 July 2006.
The shares will be acquired through on-market purchases and will be held by the Company as treasury shares.
The Company intends to undertake the buyback exercise in a controlled and orderly manner over a reasonable period of time to minimise undue movement in its share price. The shares will be purchased from the normal trading counter.
By Order of the Board
MTQ Corporation Limited