Neo-Concept International Group Holdings Ltd shareholders approved a share consolidation at the EGM on May 8, 2026, with ratio between 3:400 and effective date by June 30, 2026.
Key takeaways
EGM held May 8, 2026 at 3:00 p.m. Hong Kong time with quorum of 20,887,230 votes.
Proposal approved: consolidate every 3 to 400 shares into 1 share, ratio set by board by Effective Date.
Fractional shares rounded up to whole shares per applicable laws.
Board authorized to set Effective Date no later than June 30, 2026.
Voting: 20,733,589 For, 153,180 Against, 461 Abstain.
As of Record Date April 15, 2026: 18,314,018 Class A and 600,000 Class B ordinary shares outstanding.