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Dreamland Limited Class A ( (TDIC) ) just unveiled an announcement.
Dreamland Limited, a foreign private issuer listed in the United States, has a dual‑class share structure comprising Class A and Class B ordinary shares with differentiated voting rights, giving Class B holders significantly greater voting power per share.
At an extraordinary general meeting held on December 31, 2025, in Hong Kong, shareholders representing about 69.7% of voting power approved an ordinary resolution authorizing the board to allot and issue up to 9,000,000 Class B ordinary shares to director and chief executive officer Seto Wai Yue as a long-term incentive, with terms to be set by disinterested board members. The measure, which passed with an overwhelming majority, strengthens management’s voting influence and aligns the CEO’s interests more closely with shareholders, while potentially increasing voting concentration at the top of the company’s governance structure.
More about Dreamland Limited Class A
Average Trading Volume: 4,020,443
Technical Sentiment Signal: Strong Sell
Current Market Cap: $6.24M
Learn more about TDIC stock on TipRanks’ Stock Analysis page.