Alpha Tribe

VTM LtdUpdates, 16-04-2025: Company Update

16-04-2025 · 08:14 pm

The Board of Directors has announced a board meeting where key decisions were made, including the proposed issuance of bonus shares at a ratio of 3:2, subject to shareholder approval through a Postal Ballot. Additionally, the Board approved amendments to the Memorandum and Articles of Association to facilitate this share issuance and an increase in the authorized share capital. A scrutinizer has been appointed to ensure a fair voting process. This move could enhance shareholder value and improve liquidity, which may foster a positive outlook among investors.

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