{"id":14776,"date":"2026-05-14T02:46:00","date_gmt":"2026-05-13T18:46:00","guid":{"rendered":"https:\/\/klhappenings.com\/?p=14776"},"modified":"2026-05-24T02:48:26","modified_gmt":"2026-05-23T18:48:26","slug":"tex-cycle-to-convene-22nd-annual-general-meeting","status":"publish","type":"post","link":"https:\/\/klhappenings.com\/?p=14776","title":{"rendered":"Tex Cycle to Convene 22nd Annual General Meeting"},"content":{"rendered":"\n<p><em>Group remains focused on expanding its environmental solutions platform and long-term sustainable growth<\/em><\/p>\n\n\n\n<p><strong>KUALA LUMPUR, 13 MAY 2026<\/strong> \u2013 <a href=\"https:\/\/www.texcycle.com.my\/\"><strong>Tex Cycle Technology (M) Berhad<\/strong><\/a> (\u201cTex Cycle\u201d or the \u201cGroup\u201d), an established waste management and recycling solutions provider, today held its <strong>22<sup>nd<\/sup> Annual General Meeting<\/strong> (\u201cAGM\u201d), where shareholders approved all resolutions tabled.<\/p>\n\n\n\n<p>At the AGM, shareholders received the Audited Financial Statements for the financial year ended 31 December 2025, together with the Directors\u2019 Report and Auditors\u2019 Report. Shareholders also approved the payment of Directors\u2019 fees and benefits of up to RM350,000, the re-election of Datuk Low Chin Koon and Ms Ho Ai Hoon, and the re-appointment of Messrs HLB Ler Lum Chew PLT as Auditors of the Company.<\/p>\n\n\n\n<p>The Group also obtained shareholders\u2019 approval for the renewal of authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016, as well as the proposed renewal of authority for the Company to purchase its own shares of up to 10% of the total number of issued shares.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"710\" src=\"https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/05\/Mr.-Gary-Dass-Group-CEO-of-Tex-Cycle.jpeg\" alt=\"\" class=\"wp-image-14777\" style=\"width:278px;height:auto\" srcset=\"https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/05\/Mr.-Gary-Dass-Group-CEO-of-Tex-Cycle.jpeg 800w, https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/05\/Mr.-Gary-Dass-Group-CEO-of-Tex-Cycle-300x266.jpeg 300w, https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/05\/Mr.-Gary-Dass-Group-CEO-of-Tex-Cycle-150x133.jpeg 150w, https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/05\/Mr.-Gary-Dass-Group-CEO-of-Tex-Cycle-768x682.jpeg 768w, https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/05\/Mr.-Gary-Dass-Group-CEO-of-Tex-Cycle-473x420.jpeg 473w, https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/05\/Mr.-Gary-Dass-Group-CEO-of-Tex-Cycle-640x568.jpeg 640w, https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/05\/Mr.-Gary-Dass-Group-CEO-of-Tex-Cycle-681x604.jpeg 681w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption class=\"wp-element-caption\">Mr. Gary Dass, Group CEO of Tex Cycle (<a href=\"https:\/\/www.dropbox.com\/scl\/fi\/ltxspb4fpqptce6f6dksz\/Tex-Cycle-Mr.-Gary-Dass-CEO.JPG?rlkey=iy27vfwvliyvpjfsuw5g15awb&amp;st=s1v371nl&amp;dl=0\">Link<\/a>)<\/figcaption><\/figure>\n<\/div>\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Mr. Gary Dass A\/L Anthony Francis, Group Chief Executive Officer of Tex Cycle<\/strong> commented, \u201cToday\u2019s AGM provided an important platform for us to engage with our shareholders and share the Group\u2019s progress, strategic priorities and long-term direction. As Tex Cycle continues to expand its capabilities across scheduled waste management, e-waste, compost and organics recovery, oil and gas waste treatment, and renewable energy, we remain focused on building a stronger and more diversified environmental solutions platform.\u201d<\/p>\n\n\n\n<p>He added, \u201cMoving forward, we will continue to execute our growth plans with discipline, while strengthening operational efficiency and pursuing opportunities that align with Malaysia\u2019s sustainability and net-zero agenda. We remain committed to creating long-term value for our shareholders and supporting industries in their transition towards more responsible and ESG-aligned waste management practices.\u201d<\/p>\n\n\n\n<p>With the shareholders\u2019 continued support, Tex Cycle remains committed to strengthening its operational foundation, expanding its environmental solutions portfolio, and pursuing sustainable growth opportunities that create long-term value for all stakeholders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Group remains focused on expanding its environmental solutions platform and long-term sustainable growth KUALA LUMPUR, 13 MAY 2026 \u2013 Tex Cycle Technology (M) Berhad (\u201cTex Cycle\u201d or the \u201cGroup\u201d), an established waste management and recycling solutions provider, today held its 22nd Annual General Meeting (\u201cAGM\u201d), where shareholders approved all resolutions tabled. At the AGM, shareholders [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2787,890,10,4540],"tags":[4541,4542],"class_list":["post-14776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-annual-general-meeting","category-bursa-market","category-business","category-tex-cycle","tag-tex-cycle","tag-tex-cycle-to-convene-22nd-annual-general-meeting"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/05\/TEX-Cycle-Technology.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/posts\/14776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14776"}],"version-history":[{"count":1,"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/posts\/14776\/revisions"}],"predecessor-version":[{"id":14778,"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/posts\/14776\/revisions\/14778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/media\/14779"}],"wp:attachment":[{"href":"https:\/\/klhappenings.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}