Notice of AGM and Proposed Board Changes
Asia Strategic Holdings Limited has announced its Annual General Meeting will be held on March 16, 2026, in Singapore, with a video conference option available. The company also disclosed that Non-Executive Director Christopher Clarke will not seek re-election and will step down. Concurrently, Asia Strategic intends to appoint Ranieri Sabatucci as an Independent Non-Executive Director, subject to shareholder approval at the AGM, bringing his extensive 40-year career with the European Commission, including his recent role as Ambassador to Myanmar, to the board.
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Asia Strategic Holdings Ltd. (LSE: ASIA), the independent developer and operator of consumer businesses in Emerging Asia, announces that its Annual General Meeting ("AGM") will be held in Singapore on 16 March 2026 at 10:00 am (Singapore time). A video conference link will be provided for members in the notice of AGM to join the meeting live.
A copy of the notice of AGM and associated proxy form has been posted to shareholders and will be available shortly on the Company's website at https://asia-strategic.com/.
The Group announces that Christopher Clarke, Non-Executive Director, has informed the Company that he will not be seeking re-election as a director of the Company at the upcoming AGM and will be stepping down from the Board upon conclusion of the AGM.
Concurrently, the Company intends to appoint Ranieri Sabatucci as an Independent Non-Executive Director of the Company. A resolution will be put to shareholders at the AGM with regards to the proposed appointment of Ranieri Sabatucci and, subject to the passing of this resolution, Mr Sabatucci is expected to be appointed to the Board of Asia Strategic upon conclusion of the AGM.
Mr Sabatucci's career spans 40 years, including various delegation appointments globally for the European Commission. His most recent experience includes being the Ambassador and Head of the European Union Delegation to the Republic of the Union of Myanmar, starting in September 2020 until July 2025.
Enrico Cesenni, Chief Executive Officer of Asia Strategic, commented:
"We are delighted that Ranieri, with his vast expertise as a trusted official to the European Union for four decades, his extensive knowledge of Myanmar and developing markets, and his ability to implement a strategic focus whilst scaling leadership, has agreed to join the Board as a Non-Executive Director, pending approval at the AGM.
"On behalf of the Board, we would like to acknowledge and thank Christopher's long tenure as a Non-Executive Director. He has been extremely valuable in helping scope the direction of the Company throughout complex times, and we would like to thank him for his contribution."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.