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Matex International Limited ( (SG:M15) ) has issued an update.
Matex International Limited has announced an update regarding its intended Extraordinary General Meeting (EGM) to seek shareholder approval for cessation payments to Dr Tan Pang Kee and Mr Tan Guan Liang. The Board plans to publish the notice for the EGM by December 19, 2025, aiming to hold the meeting in January 2026. The payments are classified as an ‘interested person transaction’ under Catalist Rules, and the company is working with legal advisors to ensure all relevant information is provided to shareholders.
More about Matex International Limited
Matex International Limited is a company incorporated in the Republic of Singapore, operating in an industry that involves settlement agreements and cessation payments.
Technical Sentiment Signal: Sell
Current Market Cap: S$11.35M
For a thorough assessment of M15 stock, go to TipRanks’ Stock Analysis page.