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GIBO Holdings ( (GIBO) ) has issued an update.
GIBO Holdings Limited, a company based in Hong Kong, has announced an extraordinary general meeting (EGM) scheduled for August 6, 2025. The meeting will be held virtually via Zoom, and shareholders are encouraged to participate and vote on two key proposals. The first proposal involves a share consolidation plan to consolidate every 200 Class A and Class B ordinary shares into one share, effectively reducing the total number of shares while maintaining the same share capital. The second proposal seeks approval to amend the company’s Memorandum and Articles of Association to reflect the share consolidation and outline the rights of the consolidated shares. The board of directors unanimously recommends shareholders vote in favor of these proposals.
More about GIBO Holdings
Average Trading Volume: 34,474,634
Technical Sentiment Signal: Sell
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