Southern Alliance Mining Ltd. announced that shareholders approved all five ordinary resolutions at the company’s extraordinary general meeting on Sep, 02 2025.

The resolutions, which were inter-conditional, covered: 1) the proposed acquisition classified as both a discloseable transaction and an interested-person transaction; 2) the proposed allotment of shares; 3) the proposed allotment and issuance of consideration shares to Managing Director Dato’ Sri Pek Kok Sam; 4) the proposed allotment and issuance of consideration shares to Non-Executive Director Dato’ Teh Teck Tee; and 5) the proposed diversification of the group’s business.

Poll results showed unanimous support. Resolutions 1–4 each received 23.66 million shares voting in favour (100%), while Resolution 5 attracted 359.06 million shares in favour (100%). There were no votes against any resolution.

Directors Dato’ Sri Pek, Dato’ Teh, Dato’ Lee Tek Mook and Mr. Lim Wei Hung, together with their associates, abstained from voting on Resolutions 1–4 in line with listing rules.

The meeting, chaired by Dato’ Gainneos Jacob Goldie, was held at ISCA House in Singapore and concluded at 2:24 p.m. local time.