Sungold Media And Entertainment Limited's Board has approved significant amendments to its Memorandum of Association, subject to shareholder approval at the upcoming Annual General Meeting.

The company proposes to add diverse new business activities, including manufacturing and dealing in a wide range of beverages (alcoholic and non-alcoholic), food products, pharmaceuticals, healthcare items, and engaging in agriculture and horticulture.

This strategic move aims to expand the company's operational scope, potentially opening new avenues for growth and diversification beyond its current media and entertainment focus, which could impact future revenue streams.