Ohmyhome shareholders approved authorized share capital increase at annual meeting

Ohmyhome held its annual general meeting on July 21, 2026; shareholders backed an authorized share capital increase to USD 1 trillion.

Shareholders adopted amended and restated memorandum and articles to reflect the higher authorized share capital; changes require implementation steps to take effect.

Authorization was given for a share consolidation within a 2-for-1 to 5,000-for-1 range; the board will set the ratio and timing within two years.

Approval was granted for a capital reduction that cuts par value to USD 0.0000001, subject to a solvency statement and Cayman registration; this is not yet effective.

Shareholders also adopted further amended and restated constitutional documents tied to the capital reduction and share sub-division; effectiveness depends on completion.