StockWatch
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Services-Misc. Amusement & Recreation
AGM/EGMOct 29, 2026, 04:32 PM

Fitness Champs Holdings to Hold AGM on Nov 12; Proposes Share Consolidation

AI Summary

Fitness Champs Holdings Limited announced its Annual General Meeting (AGM) will be held on November 12, 2026. Key proposals include a two-step share consolidation: first, a 2-for-1 consolidation, and second, a 100-for-1 consolidation contingent on raising at least $5 million by December 15, 2026. The meeting will also address the adoption of new Articles of Association and the re-appointment of the company's auditor and directors.

Key Highlights

  • Fitness Champs Holdings Ltd will hold its Annual General Meeting on November 12, 2026, at 10 am Singapore Time.
  • Shareholders of record as of October 22, 2026, are entitled to vote at the AGM.
  • The AGM will consider a First Share Consolidation, where every two ordinary shares will consolidate into one.
  • A Second Share Consolidation is proposed, consolidating every 100 shares into one, conditional on a $5M fundraising by December 15, 2026.
  • The AGM will also vote on adopting new Articles of Association and re-appointing the auditor and directors.