Skyworld Board Approves All Resolutions During AGM

SkyWorld Development Berhad said it was pleased to announce that it has successfully concluded its 2023 Annual General Meeting and that all resolutions presented to the board were approved.

The audited financial statements for the financial year ended 31 March 2023 together with the Reports of the Directors and Auditors were presented for deliberation and duly received by the Company’s shareholders. All ten ordinary resolutions and one special resolution set out duly passed by way of poll.

SkyWorld founder and non-independent executive chairman Datuk Seri Ng Thien Phing commented, “This unanimous decision is a testament to the trust and support the shareholders have for the Company. We would like to express our deepest gratitude to our shareholders who have shown their unwavering support for our vision of “Always Best City Developer” with the purpose to “Make Living Better”. Your trust in our leadership and commitment to our shared goals have propelled us toward new horizons in property development.”

The developer was listed on the Main Market this year and has already plans to use the raised IPO funds for expansion into Vietnam among others.

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