Amendment of Object Clause of Memorandum of Association
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MPDL Limited's Board of Directors, at a meeting held on February 13, 2026, approved an amendment to the Object Clause of the company's Memorandum of Association. The amendment adds a new business activity: providing maintenance, repair, upkeep, operation and management services for buildings, complexes, infrastructure, plants, machinery, equipment and related assets, including parking, electrical, mechanical, civil and housekeeping services. The amendment is subject to shareholder approval, for which the Board has approved a Postal Ballot notice to be sent to shareholders in due course. The board meeting ran from 3:30 PM to 4:00 PM.
This is a routine corporate housekeeping step that broadens the company's permissible business activities into facility and infrastructure management. It is not immediately material to financials but signals potential diversification beyond the company's existing business, pending shareholder nod via postal ballot.