Star Holding Holds Extraordinary General Meeting
- J-Star Holding shareholders approved capital restructuring at October 29, 2026, meetings; Class A holders backed raising Class B voting rights from 10 to 50.
- Shareholders authorized increasing share capital from US$300 million to US$2.5 billion, with a corresponding memorandum amendment.
- They approved subsequent capital reduction and reorganization to US$1 million, reducing par value to US$0.001, with another memorandum amendment.
- A subsequent 1-for-10 consolidation won approval, setting par value at US$0.01 upon implementation; fractional entitlements would round up.
- Shareholders also approved replacement governing documents subject to voting-rights changes and consolidation taking effect, plus resolutions permitting adjournment of both meetings.
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