FCHL to Hold Extraordinary General Meeting on March 20, 2026
Rhea-AI Summary
Fitness Champs Holdings (NASDAQ: FCHL) will hold an Extraordinary General Meeting of shareholders on March 20, 2026 at 10:00 a.m. Singapore Time (March 19, 2026 9:00 p.m. EST) at North Star@AMK, 7030 Ang Mo Kio Street, Avenue 5, #04-48, Singapore.
Shareholders of record as of February 24, 2026 may vote. The Notice of EGM, Proxy Statement and Proxy Card are available on the company website and the SEC website.
Positive
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Negative
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Key Figures
Market Reality Check
Peers on Argus
FCHL is down 0.88% while only one tracked peer (AACG) appeared in momentum scans, moving up 4.87%. Other peers show mixed, stock-specific moves, indicating this governance update is not part of a broader sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 31 | EGM announcement | Neutral | -6.8% | Notice of January 23, 2026 extraordinary general meeting and voting details. |
| Dec 29 | Earnings update | Negative | -3.3% | H1 2025 revenue decline, margin compression, and shift to net loss. |
| Nov 10 | Listing deficiency | Negative | +1.4% | Nasdaq notice on sub‑$1 bid price and potential delisting risk. |
| Sep 05 | IPO completion | Positive | +8.2% | Completion of IPO at $4.00 per share with $8.0M gross proceeds. |
Historical news includes governance actions, weak interim results, and listing compliance issues. Negative or dilutive-leaning items have often coincided with share price pressure, while structurally positive events like the IPO saw upside.
Over the past six months, FCHL moved from its IPO on Sep 4, 2025 through mixed operational and listing developments. The IPO (news_id 902396) raised capital at $4.00 per share and was followed by a +8.24% reaction. Subsequent unaudited H1 2025 results (news_id 951655) showed revenue softness and a net loss, with shares down 3.27%. Nasdaq’s minimum bid price deficiency notice (news_id 933363) underscored listing risk yet saw a modest +1.40% move. A prior EGM notice (news_id 952141) preceded a 6.85% decline, framing today’s new EGM as part of ongoing corporate restructuring.
Market Pulse Summary
This announcement schedules an Extraordinary General Meeting on March 20, 2026, where holders of Class A and Class B ordinary shares of record as of February 24, 2026 may vote on proposed resolutions. It follows recent shareholder approvals reshaping share structure and authorizing a consolidation, as disclosed in prior 6‑K filings. With FCHL trading well below its 200-day MA of 0.92 and close to its 52-week low of 0.2011, investors may focus on how any new EGM decisions interact with existing Nasdaq minimum bid price compliance timelines and capital structure changes.
Key Terms
register of members regulatory
proxy statement regulatory
proxy card regulatory
AI-generated analysis. Not financial advice.
SINGAPORE, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Fitness Champs Holdings Limited (“Fitness Champs Holdings”, “FCHL” or the “Company”) (NASDAQ: FCHL), a distinguished aquatic sports education provider in Singapore, will hold an Extraordinary General Meeting of Shareholders (the “EGM”) at 7030 Ang Mo Kio Street, Avenue 5, #04-48, North Star@AMK, Singapore at 10 a.m. (Singapore Time) on March 20, 2026 (9 p.m. Eastern Standard Time on March 19, 2026).
Holders of the Company’s class A ordinary shares (the “Class A Ordinary Shares”) and class B ordinary shares (the “Class B Ordinary Shares”) and, together with the Class A Ordinary Shares, the “Ordinary Shares”) listed in the register of members of the Company at the close of business on February 24, 2026 (Singapore Time) are entitled to receive notice of, and vote at, the EGM or at any adjournment or postponement that may take place.
Copies of the Notice of the EGM, which sets forth the resolutions to be proposed and for which adoption from shareholders is sought, the Proxy Statement and the Proxy Card are available on the Investor Relations section of the Company’s website at https://FCHLworks.com.sg and on the SEC’s website at www.sec.gov.
About Fitness Champs Holdings Limited
Fitness Champs Holdings Limited is a distinguished aquatic sports education provider, offering general swimming lessons to children and adults, with ladies-only swimming lessons available, as well as aquatic sports classes such as water polo, competitive swimming and lifesaving. The Company is one of the largest providers of swimming lessons to children enrolled in public schools under the Ministry of Education of Singapore in Singapore through the SwimSafer program, and has been offering private swimming lessons to children, youths and adults under its brand “Fitness Champs” since 2012. The Company aims to make swimming an enjoyable and affordable sport for children and adults, for water safety and as a way of keeping fit and healthy. Fitness Champs also plans to grow into a diversified sports education provider by expanding its offerings to include other sports such as pickleball. For more information, please visit the Company’s website at https://ir.fitnesschamps.sg/.
For investor and media inquiries, please contact:
Email: ir@fitnesschampsaquatics.com