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JBDI Holdings Holds Extraordinary General Meeting

PUBT·10/23/2026 10:14:20
JBDI Holdings Holds Extraordinary General Meeting
  • JBDI Holdings shareholders approved a dual-class Ordinary Share structure at an extraordinary general meeting on October 22, 2026.
  • Shareholders authorized increasing share capital from US$500,000 to US$5 million, comprising 5,000,000,000 shares with a par value of US$0.001 each.
  • The approved structure gives Class A Ordinary Shares one vote each; Class B Ordinary Shares carry 100 votes each without dividend rights.
  • Shareholders adopted the Second Amended and Restated Memorandum and Articles of Association with immediate effect.
  • They also approved issuing 7,000,000 Class B Ordinary Shares to EUG INVESTMENT for US$7,000 following completion of the capital restructuring.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. JBDI Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-048165), on October 23, 2026, and is solely responsible for the information contained therein.