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Wellchange Holdings Company Limited ( (WCT) ) has provided an update.
On August 7, 2025, Wellchange Holdings Company Limited held its annual general meeting of shareholders in Hong Kong, where a quorum of 55.60% of ordinary shares was present. The meeting resulted in the approval of all board-recommended proposals, including the re-appointment of five directors and the adoption of a dual-class share capital structure. The share redesignation involves converting existing shares into Class A and Class B shares, with Class B shares carrying significantly more voting power. This restructuring aims to enhance the company’s governance and operational flexibility, potentially impacting shareholder dynamics and company control.
More about Wellchange Holdings Company Limited
Average Trading Volume: 1,414,341
Technical Sentiment Signal: Strong Sell
Current Market Cap: $10.88M
See more insights into WCT stock on TipRanks’ Stock Analysis page.