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Film Production- Distribution & Exhibition
Deals13 Mar 2026, 06:21 pm

Filmcity Media Ltd. Proposes Business Expansion and Financial Services

AI Summary

Filmcity Media Ltd. announced that the Board of Directors has approved the alteration of the object clause of the Memorandum of Association (MOA) at a meeting on Friday, March 13, 2026. The proposed changes, which are subject to shareholder approval via postal ballot, aim to expand the company's business activities and include the undertaking of new ventures beneficial for its operations. The company plans to append sub-clauses 02-03 after sub-clause (01) of clause III (A) of the MOA. The new sub-clauses detail the intention to engage in real estate development and the promotion and distribution of various financial products and services. This decision is expected to enhance Filmcity Media Ltd.'s operations and diversify its offerings.

Key Highlights

  • Filmcity Media Ltd. proposes to expand its business activities
  • The expansion includes real estate development and financial product distribution
  • The proposed changes are subject to shareholder approval via postal ballot
  • The company aims to diversify its offerings and enhance operations
  • The decision reflects the company's commitment to growth and innovation
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