TBO Tek Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting

The company has announced a board meeting on which it approved the consolidated financial results for the quarter and half-year. It declared a dividend of X%, reflecting confidence in its cash flow. Plans for raising capital via a proposed fundraise were also greenlit to support expansion initiatives. Additionally, a new senior executive was appointed to strengthen leadership, and the board approved progressing merger talks with a key industry player, aiming to enhance market presence and operational scale. These moves signal a strategic push for growth and shareholder value enhancement.