JBDI Holdings holds extraordinary general meeting
JBDI•JBDI Holdings shareholders approved a dual-class share structure and an increase in authorized share capital from US$500,000 to US$5 million. They also approved issuing 7 million Class B shares to EUG INVESTMENT for US$7,000 after the capital restructuring.
1. Shareholders approve changes
At an extraordinary general meeting on October 22, 2026, shareholders approved a dual-class Ordinary Share structure and raised the company’s authorized share capital from US$500,000 to US$5 million, comprising 5 billion shares with a par value of US$0.001 each. Class A shares carry one vote each; Class B shares carry 100 votes each and have no dividend rights. Shareholders also adopted amended articles with immediate effect and approved issuing 7 million Class B shares to EUG INVESTMENT for US$7,000 after completion of the capital restructuring.
