Board approves diversification into real estate and general trading

The Board approved amending the Main Object Clause of the Memorandum of Association to add two new business areas: (1) real estate development covering residential, commercial, industrial, township, and infrastructure projects, and (2) general trading, import/export, and merchandising of goods. The change requires shareholder approval at an upcoming EGM, whose notice has been updated to include these items alongside matters from the March 20 outcome. This signals a major diversification from the company's current synthetic textiles business.