StockWatch
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Trading & Distributors
Business Update29 Sept 2026, 10:30 pm

Prismx Global Ventures Ltd Alters MOA for New Business Avenues

AI Summary

Prismx Global Ventures Ltd announced a significant change to its Memorandum of Association (MOA) following shareholder approval at a meeting held on September 29, 2026. The company has substituted Clause III A of its MOA to include a broader scope of business activities. These new objectives encompass dealing in all types of shares and securities, lending and advancing money to various entities, borrowing for lending operations, and trading in commodities including precious stones and metals. This strategic alteration aims to expand the company's operational and investment capabilities.

Key Highlights

  • Shareholders approved alteration of MOA Clause III A.
  • New objectives include securities trading and lending.
  • Company will now trade in commodities like gold and gems.
  • Expansion of business scope to include financial services.
  • Strategic move to diversify revenue streams.