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PTL Limited ( (PTLE) ) just unveiled an update.
On June 16, 2025, PTL Limited held a general meeting where shareholders approved the creation of a dual-class share structure. This restructuring involves reclassifying existing ordinary shares into Class A and Class B shares, with Class A shares offering one vote per share and Class B shares offering fifty votes per share. This change will be reflected on the Nasdaq Capital Market starting June 30, 2025, with Class A shares continuing to trade under the symbol ‘PTLE’ but with a new CUSIP number. This move is expected to impact the company’s governance and control dynamics, potentially affecting stakeholder influence and market perception.
More about PTL Limited
PTL Limited is a company based in Singapore, operating in an industry that involves issuing shares and managing shareholder structures. The company is focused on optimizing its market presence through strategic share reclassification and trading on the Nasdaq Capital Market.
Average Trading Volume: 9,968,016
Technical Sentiment Signal: Strong Sell
For detailed information about PTLE stock, go to TipRanks’ Stock Analysis page.