Dreamland Limited Share Consolidation Approval
Dreamland Limited held an extraordinary general meeting on April 1, 2026, where shareholders approved two share consolidation proposals. The first proposal, an ordinary resolution, approved the consolidation of Class A and Class B ordinary shares at a 5-for-1 ratio, adjusting the par value and total authorized shares. The second ordinary resolution approved a further consolidation within a range of 2-for-1 to 250-for-1, with the exact ratio and effective date to be determined by the Board of Directors within 180 days. In both cases, the Board was authorized to manage any difficulties, including fractional entitlements, by capitalizing reserves or arranging the sale of fractional shares. The proposals passed with overwhelming support, with 33,239,252 votes for and 4,500 against.