IN ADDITION TO THE RESOLUTION PROP9OSED IN THE ORIGINAL NOTICE OF THE EOGM THE FOLLOWING ITEM HAS BEEN ADDED TO THE AGENDA OF THE EOGM SCHEDULED TO BE HELD ON MONDAY NOVEMBER 24 ,2025 AT ....
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Awaiting price reaction for this filing.
Panorama Studios International has issued an addendum to the Notice of its Extraordinary General Meeting (EOGM) scheduled for November 24, 2025 at 3:00 PM via video conferencing. An additional agenda item has been added beyond the resolutions in the original notice. The new item proposes altering the Memorandum of Association (MOA) to add a new clause under 'Objects incidental or ancillary business' that allows the company to invest its idle or short-term free funds in securities, liquid funds, and mutual funds. The Board states the move is aimed at optimizing utilization of surplus cash and generating additional revenue. Shareholders will vote on this as a Special Resolution at the upcoming EOGM.
If approved by shareholders, the company will gain flexibility to park surplus cash in mutual funds and securities to earn additional income, which could marginally improve treasury returns. This is a governance/capital deployment proposal rather than an operational expansion, so the near-term impact on stock price is likely neutral.