Orient Technologies Limited — Others, 31-03-2025: Shareholders meeting

Orient Technologies has announced a board meeting to disclose the voting results from the recent postal ballot concerning approval for changes in the utilization of proceeds from its public issue, as outlined in the August 26, 2024, prospectus. The special resolution received overwhelming support, with 99.99% of votes in favor, indicating strong shareholder confidence.

This approval allows the company flexibility in capital allocation, supporting strategic initiatives moving forward. With positive sentiment from shareholders confirmed through the voting results, this could enhance market perception and stabilize investor confidence in the company's future operations, despite the nominal dissent recorded.