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Dreamfolks Services Limited has announced a board meeting to confirm the appointment of Ms. Monica Widhani as an Independent Director following a Postal Ballot. The remote e-voting process, which took place from October 29 to November 27, saw a significant majority in favor, with 90.64% of votes cast in support and only 9.36% against. This positive outcome strengthens the board's governance structure, potentially enhancing strategic direction and operational oversight.
Investor sentiment may shift positively as this appointment indicates a commitment to robust governance practices, despite the ongoing scrutiny of independence in board compositions.