The Board of Directors of IDB wishes to inform that IDB intends to seek its shareholders’ approval on the proposed amendments to the Constitution of the Company ("Proposed Amendments") at the forthcoming Fifth Annual General Meeting ("5th AGM") of the Company. 

The Proposed Amendments are mainly to streamline the Constitution with the relevant regulatory requirements as well as to enhance administrative efficiency. The details of the Proposed Amendments will be set out in the Appendix A of the Notice of the 5th AGM which will be circulated to the shareholders in due course. 

This announcement is dated 27 October 2023.