The board of directors approved a 1-for-10 share consolidation for both Class A and Class B ordinary shares. Shareholders representing a majority of votes passed the resolution in writing on October 16, 2026, without holding a meeting. The consolidation increases the par value from US$0.0001 to US$0.001 per share. Fractional entitlements will be rounded up to the next whole share. No fractional shares will be issued. The company will announce the market effective date separately. Uni-Fuels Holdings Limited operates in the energy sector, focusing on fuel production and distribution.
