Hercules Hoists Limited — Others, 16-07-2025: Shareholders meeting

Hercules Hoists Limited has convened its 63rd Annual General Meeting virtually for key approvals. Shareholders will consider adopting the audited financial results for the recent financial year and re-appointing a director. A major proposal involves changing the company's name to either "Hercules Investments Limited" or "Hercules Securities Limited." This change reflects the company's strategic shift to an investment business, following the demerger of its manufacturing operations to a subsidiary. The company also seeks approval to amend its core business objectives and adopt new Articles of Association to align with this updated focus.