Sical Logistics Limited — Others, 14-06-2025: Shareholders meeting

Sical Logistics has completed remote e-voting for shareholder approval on transactions involving related parties, including its holding companies and a key step-down subsidiary. Approvals were also sought for mortgaging assets and pledging shares of a material subsidiary, allowing disposal rights upon enforcement. The company proposed raising a loan convertible into equity, preference shares, or optionally convertible debentures if there’s a default. Final voting outcomes will be disclosed after verification, reflecting potential impacts on the company’s capital structure and asset management.