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WeBuy Global | 6-K: Report of foreign private issuer (related to financial reporting)

SEC ·  Feb 3 05:38

Summary by Futu AI

WeBuy Global Ltd has announced an Extraordinary General Meeting (EGM) to be held on March 8, 2024, at 10:00 A.M. Singapore time. The EGM will address the re-designation and re-classification of the company's authorized share capital, which involves the creation of Class A and Class B ordinary shares with distinct rights and voting powers. The proposal includes the conversion of existing ordinary shares into Class A ordinary shares, except for 21,395,400 shares held by specific shareholders, which will be re-classified as Class B ordinary shares. Additionally, the EGM will seek approval for the Second Amended and Restated Memorandum and Articles of Association, reflecting the changes in share capital and establishing the dual-class share structure. A third resolution will be considered to adjourn the EGM to a later date if necessary. The meeting will take place at the company's executive office in Singapore, and shareholders are urged to vote by proxy if they cannot attend in person.
WeBuy Global Ltd has announced an Extraordinary General Meeting (EGM) to be held on March 8, 2024, at 10:00 A.M. Singapore time. The EGM will address the re-designation and re-classification of the company's authorized share capital, which involves the creation of Class A and Class B ordinary shares with distinct rights and voting powers. The proposal includes the conversion of existing ordinary shares into Class A ordinary shares, except for 21,395,400 shares held by specific shareholders, which will be re-classified as Class B ordinary shares. Additionally, the EGM will seek approval for the Second Amended and Restated Memorandum and Articles of Association, reflecting the changes in share capital and establishing the dual-class share structure. A third resolution will be considered to adjourn the EGM to a later date if necessary. The meeting will take place at the company's executive office in Singapore, and shareholders are urged to vote by proxy if they cannot attend in person.

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