WF Holding Limited Shareholder Meeting Approves Major Share Restructuring

WF Holding Limited held an Extraordinary General Meeting on July 10, 2026, where shareholders approved a significant restructuring of the company's share capital. Key resolutions included increasing the authorized share capital from USD50,000 to USD25,000,000,000, creating a new class of Class A shares with 100 votes per share (convertible to ordinary shares), and reclassifying the authorized capital to include both Ordinary Shares and Class A Shares. Shareholders also approved the adoption of a new Second Amended and Restated Memorandum and Articles of Association to reflect these changes. Additionally, the board was authorized to implement share consolidations with a revised ratio of 2-for-1 to 8,000-for-1. The meeting confirmed quorum with 87% of outstanding shares represented. The final results showed overwhelming approval for all seven proposals, with minimal votes against and no abstentions on most proposals.