Grande Group Ltd/HK (GRAN) Form 6-K — Oct 22, 2026
Grande Group Limited's shareholders approved all three resolutions at its October 21, 2026 EGM and dual class meetings, including a variation of Class B share rights raising voting power from 20 votes to 100 votes per share. The new Class B shares carry no right to dividends or surplus assets on liquidation, meaning Class B holders get pure voting control with no economic interest. A fourth amended and restated memorandum and articles of association was adopted to implement this, pending BVI registration. The company will issue 7,000,000 new Class B shares to Grande Holding Limited for total consideration of just US$70.
Key figures
- Shares Outstanding
- 24985090
- Egm Quorum
- 98.14%
- Egm For Votes
- 117750426
- Class AQuorum
- 88.83%
- Egm Against Votes
- 2846
- Class AVote Threshold
- 9992546
- Issuance Consideration
- US$70
- New Class BShares Issued
- 7000000
- Class AShares Outstanding
- 19985090
- Class BShares Outstanding
- 5000000
- Class BVote Multiplier After
- 100 votes per share
- Class BVote Multiplier Before
- 20 votes per share
AI analysis
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