Corporate GovernanceJul 31, 2026, 04:03 PM
Linkers Industries Adopts Dual-Class Share Structure
AI Summary
Linkers Industries Limited filed its Sixth Amended and Restated Memorandum and Articles of Association. The key change is the adoption of a dual-class share structure, introducing Class A Ordinary Shares with one vote per share and Class B Ordinary Shares with twenty votes per share. The company is authorized to issue up to 10,000,000 ordinary shares, comprising 9,750,000 Class A and 250,000 Class B shares. The filing also details the conversion mechanisms for Class B shares into Class A shares and updates the company's registered office and agent.
Key Highlights
- Adopted Sixth Amended and Restated Memorandum and Articles of Association.
- Introduced Class A Ordinary Shares (1 vote per share) and Class B Ordinary Shares (20 votes per share).
- Authorized to issue up to 10,000,000 ordinary shares (9,750,000 Class A, 250,000 Class B).
- Class B shares are convertible into Class A shares at the holder's option.
- Class B shares automatically convert to Class A upon certain transfers or changes in control not involving the Founder or Affiliates.
- Updated registered office to Commerce House, Wickhams Cay 1, Tortola, BVI.
- Updated registered agent to Conyers Trust Company (BVI) Limited.
Price Impact
More from LNKS