StockWatch
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Retail: Computer Software & Peripheral Equipment
AGM/EGMMay 8, 2026, 08:36 AM

Skycorp to Hold EGM for Name Change to PN Smart Energy, Capital Increase

AI Summary

Skycorp Solar Group Limited announced it will hold an Extraordinary General Meeting (EGM) on June 10, 2026, for shareholders of record as of May 6, 2026. Shareholders will vote on proposals including changing the company's name to PN Smart Energy Limited and significantly increasing the authorized share capital from US$100,000 to US$1,000,000. The EGM will also address adopting an amended memorandum and articles of association to reflect these changes and a proposal for adjournment if necessary.

Key Highlights

  • EGM scheduled for June 10, 2026, to vote on key corporate changes.
  • Proposal to change company name from Skycorp Solar Group Limited to PN Smart Energy Limited.
  • Proposal to increase authorized share capital from US$100,000 to US$1,000,000.
  • Authorized Class A Ordinary Shares to increase from 37,500,000 to 430,000,000.
  • Authorized Class B Ordinary Shares to increase from 5,500,000 to 63,000,000.
  • Proposal to adopt amended M&A reflecting name change and capital increase.
  • Record date for voting at the EGM is May 6, 2026.