ALPHA TRIBE

Mid East Portfolio Management LtdOthers, 10-07-2025: AGM/EGM

10-07-2025 | 06:40 pm

Mid East Portfolio Management Limited has announced a postal ballot voting outcome where two special resolutions were approved. The company will increase its authorized share capital, enabling future equity expansion. Additionally, approval was granted to issue convertible equity warrants to certain identified non-promoter persons on a preferential basis, potentially raising capital and broadening the shareholder base. Both resolutions received overwhelming support from promoters and public shareholders, reflecting strong backing for the company’s capital restructuring and fundraising plans. This move is significant for shareholders as it supports the company’s growth and financial flexibility.

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