StockWatch
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Iron & Steel Products
AGM/EGM31 Oct 2026, 06:51 pm

Nova Iron & Steel Ltd: Members Approve MOA Alteration at AGM

AI Summary

Nova Iron & Steel Ltd announced that its members have approved an alteration to the company's Memorandum of Association (MOA) through a Special Resolution passed at the 34th Annual General Meeting (AGM) held on October 30, 2026. The amendment allows the company to engage in the business of trading ferrous and non-ferrous metals, iron, steel, and allied products. This expansion into metal trading signifies a strategic move to diversify the company's business operations.

Key Highlights

  • Members approved MOA alteration via Special Resolution at 34th AGM.
  • Alteration permits trading in ferrous and non-ferrous metals.
  • Expansion into metal trading diversifies company's business scope.
  • AGM held on October 30, 2026, via Video Conferencing.