Recent Updates — GIBOW

On September 15, 2026, Ms. Bee Lian Ooi and Ms. Li Noi Chia resigned from the board of directors and their respective committee roles at GIBO Holdings Limited, effective immediately, with no disagreements cited regarding operations or policies. The board simultaneously appointed Ms. You Shim Ban and Ms. Yi Theng Teh as independent directors, also effective September 15, 2026. Ms. Ban brings extensive experience in cybersecurity and fintech leadership from roles at SecIron, Stampede Solutions, Enclav, and HyperG Smart Security Technology. Ms. Teh joins with a background in financial strategy and compliance from LA Louie Holding Sdn Bhd. The board now comprises five members: Mr. Chun Yen “Dereck” Lim, Mr. Jing Tuang “Zelt” Kueh, Ms. You Shim Ban, Ms. Yi Theng Teh, and Mr. Peter Ban. Committee assignments were updated accordingly, with Ms. Teh chairing the audit committee as a financial expert and Mr. Ban chairing the compensation committee. GIBO Holdings Limited operates in the technology sector.

GIBO Holdings Limited will implement a 25-for-1 reverse stock split of its Class A and Class B ordinary shares, effective June 29, 2026. The authorized share capital will change from 50 billion shares at $0.0002 par value to 2 billion shares at $0.005 par value. Fractional shares will be rounded down to the nearest whole number. Correspondingly, the company adjusted its outstanding warrants: the number of shares issuable per warrant decreased to 1/25th of a share, and the exercise price increased 25-fold to $57,500.00 per share. The company operates as a foreign private issuer based in Malaysia.