Rich Capital Holdings Issues Revised Proxy Form Ahead of Extraordinary General Meeting: What Investors Need to Know
Key Points for Investors
- Extraordinary General Meeting (EGM) Scheduled: Rich Capital Holdings Limited has set its EGM for 7 November 2025.
- Revised Proxy Form Introduced: A revised proxy form must be used by shareholders wishing to appoint proxies other than the Chairman of the Meeting.
- Continued Acceptance of Previous Proxy Forms: The company will accept proxy forms previously submitted, as well as forms from earlier announcements or the EGM booklet.
- Potential Impact for Shareholders: Ensuring valid proxy submissions is crucial for the exercise of voting rights and could influence the outcomes of resolutions affecting corporate strategy and governance.
- Regulatory Oversight: The announcement has been reviewed by the company’s sponsor, SAC Capital Private Limited, but not approved by the Singapore Exchange Securities Trading Limited (SGX-ST).
Article: In-Depth Analysis for Investors
Rich Capital Holdings Limited (SGX: SSV), a Singapore-listed company, has issued an important update for its shareholders ahead of its highly anticipated Extraordinary General Meeting (EGM) scheduled for 7 November 2025. In a move that signals the company’s commitment to robust corporate governance and shareholder engagement, the Board has introduced a revised proxy form. This new form is particularly significant for shareholders who wish to appoint a proxy other than the Chairman of the Meeting.
The revised proxy form, attached as Appendix 1 to the formal announcement, is now the preferred method for shareholders who have not yet submitted their proxy instructions or who wish to change their appointed proxy. However, in a flexible approach, the company assures investors that previously submitted proxy forms, as well as forms from the EGM booklet or the earlier announcement dated 22 October 2025, will continue to be accepted and processed. This ensures that all shareholders, regardless of which form they use, will have their votes counted.
For investors, this update is more than just a procedural notice. The ability to appoint a specific proxy—potentially someone aligned with their strategic interests—could have a direct impact on the voting outcomes at the EGM. This meeting may address critical issues that influence the company’s direction, corporate actions, or board composition, all of which have potential implications for share valuation and investor confidence.
It is important to note that while the company’s sponsor, SAC Capital Private Limited, has reviewed the announcement, it has not been formally examined or approved by the Singapore Exchange Securities Trading Limited (SGX-ST). The exchange assumes no responsibility for the document’s contents, emphasizing the need for investors to conduct their due diligence.
Shareholders who have yet to submit their proxy forms, or who wish to update their proxy appointments, are strongly encouraged to use the revised form to ensure their votes are properly represented at the EGM. This proactive approach could prove decisive in key resolutions, especially if there are contentious or price-sensitive matters on the agenda. While the announcement does not specify the EGM’s agenda, investors should remain vigilant for potential corporate developments during this period, which may impact share prices.
Contact Information for Further Inquiries
For shareholders seeking clarification, the sponsor’s contact person is Ms. Tay Sim Yee at SAC Capital Private Limited, located at 1 Robinson Road, #21-01 AIA Tower, Singapore 048542.
Potential Price Sensitivity
Although the announcement is procedural, the EGM itself could prove to be a catalyst for share price movement depending on the resolutions tabled. Investors are advised to track subsequent disclosures closely, as any material corporate actions or changes in governance can have a direct impact on the company’s valuation and market perception.
Disclaimer: This article is for informational purposes only and does not constitute financial advice or an offer to buy or sell any securities. Investors should conduct their own research and consult professional advisors before making investment decisions. The information provided is based on company disclosures as of 24 October 2025 and is subject to change.
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