Masonglory Ltd (MSGY) Form 6-K — Jul 31, 2026
Masonglory Limited shareholders approved a 1-for-8 reverse stock split during an Extraordinary General Meeting on July 31, 2026. The consolidation will reduce the number of issued and unissued shares and take effect on a date determined by the board, no later than August 31, 2026. Additionally, the company approved a reclassification of its authorized share capital into a dual-class structure comprising 60 million Class A shares and 2.5 million Class B shares. The Class B shares carry 50 votes per share, significantly amplifying the voting power of specific holders.
Key figures
- Shares Outstanding
- 16957000
- Reverse split ratio
- 1:8
- Class a votes per share
- 1
- Class b votes per share
- 50
- Authorized class a shares
- 60000000
- Authorized class b shares
- 2500000
- Fung and tun class b shares
- 682500
- Votes for special resolution
- 10538866
- Votes for ordinary resolution
- 10552195
- Votes against special resolution
- 22204
- Votes against ordinary resolution
- 8980
AI analysis
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