ASK Automotive Limited — Board Meeting, 13-05-2025: Outcome of Board Meeting

The company has announced a board meeting to approve the financial results for the quarter and half-year. Key highlights include the approval of consolidated financials showing steady revenue growth and improved margins. The board has declared a dividend, reflecting confidence in cash flows. Plans to raise capital through a rights issue are underway to fund expansion and repay debt. Additionally, a new independent director with strong industry experience has been appointed to strengthen governance. No mergers or acquisitions were discussed. Overall, the company is focusing on consolidation and strategic funding to support its growth trajectory.