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Elong Power Holding proposes continuation from Cayman Islands to British Virgin Islands
ELPWElong Power Holding Ltd.
Shareholders are being asked to vote on a proposal to deregister the company in the Cayman Islands and continue it as a business company under the laws of the British Virgin Islands. The transaction requires approval by a special resolution, meaning at least two-thirds of votes cast must be in favor. If approved, Class A and Class B ordinary shares will be re-designated on a one-for-one basis for newly issued shares of no par value in the BVI Company. The extraordinary general meeting is scheduled for October 30, 2026. Elong Power Holding Limited operates in the power generation sector.