Fitness Champs Holdings Limited held an extraordinary general meeting on March 20, 2026, where shareholders approved Ordinary Resolution 1 authorizing a share consolidation of all issued and unissued shares at a ratio between 1-for-2 and 1-for-250, to be determined by the Board within 180 days, and Ordinary Resolution 2 authorizing directors and officers to effectuate it. Both resolutions passed with over 99% votes in favor.
Key takeaways
EGM held on March 20, 2026 at 10:00 a.m. Singapore time with quorum from 90,067 Class A Ordinary Shares and 580,524 Class B Ordinary Shares.
Record date February 24, 2026: 552,810 Class A Ordinary Shares (1 vote each) and 580,524 Class B Ordinary Shares (50 votes each) outstanding post March Share Consolidation.
Resolution 1 (share consolidation approval): 99.71% FOR (5,975 Class A + 580,524 Class B), 0.29% AGAINST, <0.1% ABSTAIN.
Resolution 2 (directors authorization): 99.74% FOR (15,114 Class A + 580,524 Class B), 0.26% AGAINST, <0.1% ABSTAIN.
March Share Consolidation marketplace effective date March 23, 2026, following authorization effective February 12, 2026.