Other Events ·
J-Star Holding shareholders approve 1-for-10 reverse split and increase Class B voting rights to 50 votes
YMATJ-Star Holding Co., Ltd.
Shareholders approved a 1-for-10 share consolidation, increasing the par value of Class A and Class B ordinary shares from US$0.001 to US$0.01. The company also increased the voting rights attached to each Class B ordinary share from ten votes to fifty votes on all matters subject to vote at general meetings. Additionally, authorized share capital was increased from US$300 million to US$2.5 billion before being reduced to US$1 million following the consolidation and par value reduction. J-Star Holding Co., Ltd. operates in the holding company sector.