Board Meeting24 Sept 2026, 10:17 pm
GACM Tech Board Approves Subsidiary in Hong Kong, CEO Appointment
AI Summary
GACM Technologies Ltd's Board of Directors met on September 24, 2026. Key decisions included approving amendments to a preferential share issue, issuing a corrigendum for the 31st AGM notice, and deciding to incorporate a wholly-owned foreign subsidiary in Hong Kong instead of the UK. The Board also appointed Mr. Siddarth Bhagwanji as the new Chief Executive Officer (CEO). The meeting addressed prior resolutions regarding share allotments and valuation reports.
Key Highlights
- Board approves incorporation of a wholly-owned subsidiary in Hong Kong.
- Mr. Siddarth Bhagwanji appointed as the new Chief Executive Officer.
- Amendments approved for preferential share issue (share swap).
- Corrigendum issued for the 31st Annual General Meeting notice.
- Decision to incorporate subsidiary in Hong Kong replaces prior UK plan.
Price Impact
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