Candour Techtex Limited's shareholders have approved altering the company's Memorandum of Association.

This strategic change adds new main object clauses, allowing the company to enter the Naval & Defence Shipbuilding and Aerospace & Precision Engineering sectors.

This move is aimed at expanding business operations and supporting long-term growth.

The company anticipates no adverse impact on its existing business from this expansion into new, high-potential industries, indicating a clear path for future diversification and value creation for stakeholders.