IFBH Limited (IFBH) has announced plans to revise its Constitution, with five key amendments to be tabled at the forthcoming annual general meeting (AGM).

First, the Board seeks shareholder approval to extend the statutory deadline for holding the AGM to within six months after the close of each financial year, aligning the company’s governance timeline with Hong Kong Stock Exchange (HKEX) Listing Rules.

Second, the proposal removes the requirement that all general meetings be physically held in Singapore, thereby allowing greater geographic flexibility.

Third, the company intends to abolish the obligation to publish at least 21 clear days’ written notice of any AGM or special-resolution meeting in the daily press, a step consistent with HKEX regulations.

Fourth, a new provision would expressly permit general meetings to be conducted wholly or partly through electronic means.

Fifth, the draft amendments introduce explicit approval for electronic voting on each motion raised at general meetings.

If approved by special resolution at the upcoming AGM, the revised Constitution will take effect immediately after the meeting. A circular detailing the proposed amendments and the AGM notice will be released in due course.