Uniroyal Marine Exports Ltd — Others, 02-08-2025: AGM/EGM
02-08-2025 | 05:16 pm
02-08-2025 | 05:16 pm
Uniroyal Marine Exports shareholders have approved a key strategic decision at a recent Extra-Ordinary General Meeting. They voted to sell approximately 180 cents of company land and building through an open bid, while also authorizing a lease-back arrangement for the property. This resolution passed with a significant 88.44% of votes in favor. This move aims to monetize a non-core asset, potentially enhancing liquidity and freeing up capital for the company's core operations or future growth initiatives.
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