Smartlink Holdings Limited — Important, 01-02-2025: Adoption of new line(s) of business

Smartlink Holdings Limited has announced a board meeting regarding the effective amalgamation with its wholly owned subsidiary, Synegra EMS Limited. Following this, the company will surrender its Non-Banking Financial Company (NBFC) certificate, marking its transition away from NBFC operations. Henceforth, Smartlink will focus on manufacturing various electronic and IT products and providing contract manufacturing services. This strategic shift could enhance operational efficiencies and broaden revenue streams, potentially influencing investor sentiment positively as the company pivots towards a more robust manufacturing framework.