
Business Update13 Aug 2026, 05:02 pm
SAR Auto Products Ltd Board Approves MoA Alteration
AI Summary
SAR Auto Products Limited's Board of Directors has approved an alteration to the Main Object clause of its Memorandum of Association (MoA). This alteration involves adding new business activities, including the design, development, manufacturing, and dealing in precision engineering and automotive components for various sectors like defence and aerospace. The proposed changes are subject to shareholder approval at the upcoming 39th Annual General Meeting (AGM). The Board also approved the revised notice for the AGM, which will include this agenda item. The meeting was held on August 13th, 2026.
Key Highlights
- Board approved alteration of Memorandum of Association (MoA) main object clause.
- Addition includes precision engineering and automotive components.
- Proposed activities cover design, manufacturing, and sales.
- Changes are subject to shareholder approval at the 39th AGM.
- Revised AGM notice approved to include this agenda item.
Price Impact
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