The extraordinary general meeting of shareholders of Singer Thailand Public Company Limited, or SINGER, passed a resolution approving the transfer of statutory reserves and share premium to offset the company's accumulated losses. The resolution received unanimous approval with 424,374,655 votes in favour, representing 100% of the shares attending the meeting and eligible to vote. Narathip Virulchadaphan, Chief Executive Officer of SINGER, announced the outcome of the vote.
Singer Thailand Public Company LimitedShareholders unanimously approved transferring statutory reserves and share premium to offset accumulated losses, a balance-sheet cleanup.
