Dreamland Limited Shareholders Approve Multi-Stage Share Consolidation at April 1 EGM

Dreamland Limited Class A ( (TDIC) ) has issued an announcement.

Dreamland Limited held an extraordinary general meeting of shareholders in Hong Kong on April 1, 2026, at which holders of 60.12% of the company’s outstanding shares, representing 69.26% of voting power, were present in person or by proxy, satisfying quorum requirements for the meeting. Shareholders from both Class A and Class B share classes participated, with each Class A share carrying one vote and each Class B share carrying twelve votes, underscoring the company’s dual-class governance structure.

At the meeting, investors overwhelmingly approved a one-for-five consolidation of both issued and unissued Class A and Class B ordinary shares, increasing the par value per share while keeping the total authorized share capital unchanged. Shareholders also authorized the board to implement an additional share consolidation within a one-for-two to one-for-250 range within 180 days or to choose not to proceed, and empowered directors to manage fractional entitlements, moves that collectively give the company flexibility to adjust its capital structure, potentially support share price levels, and manage listing compliance or future corporate actions.

More about Dreamland Limited Class A

Dreamland Limited is a foreign private issuer incorporated outside the United States and listed in the U.S. equity markets, with dual-class share capital consisting of Class A and Class B ordinary shares. The company is headquartered in Hong Kong, where its principal executive offices are located in Cheung Sha Wan, Kowloon, reflecting a primary operating base in the Asia-Pacific region.

Average Trading Volume: 4,539,414

Technical Sentiment Signal: Strong Sell

Current Market Cap: $5.51M

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