Disclosure under Regulation 30 and 23 of SEBO LODR - Meterial Event Disclosure
Awaiting price reaction for this filing.
Mideast Integrated Steels Limited's Board of Directors has approved a proposal to change the company's name from 'Mideast Integrated Steels Limited' to a new name. The name change is subject to availability verification and approval from the Ministry of Corporate Affairs (MCA)/Registrar of Companies (ROC). The Board also approved consequential amendments to the Memorandum of Association (MoA) and Articles of Association (AoA). Additionally, an Extraordinary General Meeting (EGM) or Postal Ballot will be convened to seek shareholder approval for the name change and a related party transaction involving disposal of investment. The EGM is scheduled for May 30, 2026.
Shareholders will need to vote on the proposed name change and the related party transaction for disposal of investment. The name change could signal a rebranding strategy or corporate restructuring, though the new name has not yet been disclosed.