Corporate GovernanceOct 5, 2026, 06:08 AM
Neo-Concept Amends Articles of Association, Details Share Structure
AI Summary
Neo-Concept International Group Holdings Ltd has filed its Third Amended and Restated Memorandum and Articles of Association, adopted on October 5, 2026. The filing details the company's share structure, including authorized capital of US$50,000 divided into Class A and Class B ordinary shares. Key provisions outline the voting rights and dividend entitlements for each class, with Class B shares having superior voting power but no dividend or liquidation participation rights beyond nominal par value.
Key Highlights
- Third Amended and Restated Memorandum and Articles of Association adopted on October 5, 2026.
- Company's authorized share capital is US$50,000, consisting of 20,000,000 shares.
- Includes 19,500,000 Class A ordinary shares and 500,000 Class B ordinary shares, each with a par value of US$0.0025.
- Class B Ordinary Shares carry thirty (30) votes per share but no right to dividends.
- Class B Ordinary Shares do not participate in surplus assets upon winding-up, except for nominal par value repayment.