Satchmo Holdings Ltd — Others, 27-06-2025: AGM/EGM

Satchmo Holdings Limited has announced the conclusion of its 21st Annual General Meeting conducted via video conferencing. Key approvals included adoption of the financial results for the year, re-appointment of the Whole-time Executive Director Finance & CFO, re-appointment of the Executive Director-Business Development, and appointment of Secretarial Auditors for five years. The company highlighted ongoing efforts to exit two remaining real estate projects and aims to become debt free to reduce interest costs and support future growth. Shareholders raised queries on expansion, dividends, share buybacks, manpower, and business prospects, which the management addressed, reaffirming focus on its food and catering business.