Mid East Portfolio Management Ltd — Important, 09-07-2026: Company Update

Mid-East Portfolio Management Ltd. has announced a board meeting where it approved a significant alteration to its Memorandum of Association (MoA). The proposed changes aim to vastly expand the company's business activities into a wide array of new sectors. These include agriculture, cosmetics, digital marketing, cold storage, infrastructure, pharmaceuticals, diverse trading, investment, commodities, and even insurance, subject to applicable approvals. Shareholders will vote on these extensive new object clauses via a postal ballot, with a scrutinizer appointed for the e-voting process. This move signals a potential major diversification strategy.