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HomeNewsMClean Technologies Concludes 16th AGM With Shareholders’ Support For All Resolutions

MClean Technologies Concludes 16th AGM With Shareholders’ Support For All Resolutions

MClean Technologies Berhad (“MClean Technologies” or the “Company”), an established provider of precision cleaning and surface treatment solutions, today announced the successful conclusion of its Sixteenth Annual General Meeting (“16th AGM”), with shareholders approving all resolutions tabled at the meeting.

The 16th AGM was held at Ringgit Room 2, St Regis Kuala Lumpur, where shareholders received the Audited Financial Statements for the financial year ended 31 December 2025 (“FY2025”), together with the Reports of the Directors and Auditors thereon.

At the meeting, shareholders approved the re-election of Encik Muhammad Radzi Bin Embong as Director of the Company, as well as the payment of Directors’ fees for the financial year ending 31 December 2026.

Shareholders also approved the authority for the Directors to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016, subject to the aggregate number of shares issued not exceeding 10% of the total number of issued shares of the Company. This mandate provides MClean Technologies with greater flexibility to undertake future fund-raising exercises, support working capital requirements, pursue investment opportunities and strengthen the Company’s ability to respond to business needs in a timely manner.

In addition, shareholders approved the proposed new share buy-back authority, allowing the Company to purchase up to 10% of its issued and paid-up share capital at any given point in time. The mandate provides the Company with an additional capital management tool to enhance shareholder value, subject to market conditions, regulatory requirements and the Company’s financial position.

The successful conclusion of the 16th AGM follows a strong FY2025 performance for MClean Technologies. For the financial year ended 31 December 2025, the Company recorded revenue of RM70.54 million, representing a 15.04% year-on-year increase. Profit before tax rose by 92.43% to RM12.33 million, while profit after tax increased by 88.70% to RM11.63 million, supported by improved gross margins, operational efficiency and sustained demand across its precision cleaning and surface treatment activities.

Dato Dr. Terence Tea Yeok Kian, Executive Chairman and Executive Director of MClean Technologies Berhad

Dato Dr. Terence Tea Yeok Kian, Executive Chairman and Executive Director of MClean Technologies commented, “We are encouraged by the support demonstrated by our shareholders at the 16th AGM. Their approval of the resolutions reflects continued confidence in the Board, our governance framework and the strategic direction of the Company. FY2025 was an important year for MClean Technologies as we strengthened our financial performance and continued building a more resilient operating platform.”

He added, “Looking ahead, we remain focused on enhancing our core capabilities in precision cleaning, surface treatment, plastic injection moulding and integrated support services. With our regional presence across Singapore, Malaysia and Thailand, we are well-positioned to serve customers in the Hard Disk Drive and consumer electronics supply chains while exploring opportunities that can contribute to stable and sustainable growth.”

MClean Technologies will continue to prioritise operational excellence, customer relationship development and disciplined capital management as it advances its growth strategy for FY2026 and beyond. The Company remains committed to strengthening long-term value creation for shareholders while maintaining a prudent and performance-driven approach to business expansion.

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