MasterBeef Group Announces Annual General Meeting Results

Rhea-AI Summary

MasterBeef Group (Nasdaq: MB) announced the results of its Annual General Meeting held on December 12, 2025 in Hong Kong. Members approved the appointment of seven directors to serve until the next annual meeting: Oi Wai Chau, Oi Yee Chau, Tsz Kiu So, Lok Ming Leung, Man Fai Danny Liu, Hiu Wa Chan, and Chung Fan Cheng. Members also ratified the appointment of OneStop Assurance PAC as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

Key Figures

Directors appointed 7 directors Approved at AGM to serve until next annual meeting

AGM date December 12, 2025 Annual General Meeting of Members held in Hong Kong

Fiscal year end December 31, 2025 Audit mandate for OneStop Assurance PAC

Market Reality Check

$7.45 Last Close

Volume Volume 429 is below the 20-day average of 1,445, suggesting limited pre-AGM positioning. low

Technical Price at 6.13 is trading below the 200-day MA of 8.11, reflecting a weaker medium-term trend.

Peers on Argus

Several restaurant peers showed mixed moves, with some declines (e.g., one peer down 10.51%, another down 7.38%) and others flat or mildly positive, indicating no clear sector-wide driver linked to this AGM update.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Sep 08	Secondary listing	Positive	+3.8%	Announced secondary listing on Frankfurt Stock Exchange under symbol "J0M".

Pattern Detected

Limited history shows a prior corporate development (dual listing) coinciding with a positive price reaction.

Recent Company History

Over the past six months, MasterBeef has focused on capital markets development. On September 8, 2025, it announced a secondary listing on the Frankfurt Stock Exchange under symbol "J0M", following its Nasdaq IPO in April 2025, to broaden its investor base and enhance brand presence. The stock moved 3.78% higher in the following 24 hours. Today’s AGM results continue the governance and capital markets theme, formalizing board appointments and auditor ratification for the fiscal year ending December 31, 2025.

Market Pulse Summary

This announcement confirms key governance items from the AGM, including the appointment of 7 directors and ratification of OneStop Assurance PAC as independent auditor for the fiscal year ending December 31, 2025. Together with the recent Frankfurt secondary listing, it underscores MasterBeef’s focus on capital markets presence and corporate structure. Investors may monitor future updates for operational performance, expansion plans, and any changes to board or audit arrangements.

Key Terms

independent registered public accounting firm regulatory

"appointment of OneStop Assurance PAC as the Company’s independent registered public accounting firm"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

ordinary resolution regulatory

"approved an ordinary resolution to ratify the appointment of OneStop Assurance PAC"

An ordinary resolution is a decision made by shareholders at a company meeting that is approved when more than half of the votes cast are in favor. Think of it like a household vote where a majority decides routine matters — it covers everyday corporate actions such as approving directors, routine policy changes, or distributions, and matters to investors because these majority-approved choices shape governance, management authority, and the company’s near-term direction.

AI-generated analysis. Not financial advice.

Hong Kong, Dec. 16, 2025 (GLOBE NEWSWIRE) -- MasterBeef Group (“MasterBeef” or the “Company”) (Nasdaq: MB), a full-service restaurant group in Hong Kong, specializing in Taiwanese hotpot and Taiwanese barbecue, announced today the results of the Company’s Annual General Meeting of Members (the “AGM”) held on December 12, 2025, at the law firm of Taylor Wessing, located at 21^st Floor, 8 Queen’s Road Central, Hong Kong on 12 December 2025 at 11:00 a.m. (Hong Kong Appointment of Board of Directors.

At the AGM, the Company’s members approved and ratified the appointment of the following seven (7) persons to serve as directors of the Company until the next annual meeting of Members and thereafter until their successors shall have been elected and qualified: (i) Oi Wai Chau, Executive Director; (ii) Oi Yee Chau, Executive Director; (iii) Tsz Kiu So, Executive Director; (iv) Lok Ming Leung; (v) Man Fai Danny Liu; (vi) Hiu Wa Chan; and (vii) Chung Fan Cheng.

Ratification of Appointment of OneStop Assurance PAC

At the AGM, the Company’s members also approved an ordinary resolution to ratify the appointment of OneStop Assurance PAC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.

About MasterBeef Group

MasterBeef Group is a full-service restaurant group in Hong Kong, specializing in Taiwanese hotpot and Taiwanese barbecue. The Company, through its Hong Kong operating subsidiaries, operates 12 restaurant outlets under the Master Beef and Anping Grill brands. For more information, please visit the Company’s website: masterbeefgroup.com.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the Registration Statement filed with the Securities and Exchange Commission (the “SEC”). Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. 

For more information, please contact: MasterBeef Group Email: ir@masterbeefgroup.com

Contact:

Ka Chun Lam, Chief Executive Officer
Email address: ir@masterbeefgroup.com
Phone number: +852 3953 9388

FAQ

When did MasterBeef Group (MB) hold its Annual General Meeting?

The AGM was held on December 12, 2025 in Hong Kong at 11:00 a.m. local time.

Who were appointed to the MasterBeef Group (MB) board at the December 12, 2025 AGM?

Members approved seven directors: Oi Wai Chau, Oi Yee Chau, Tsz Kiu So, Lok Ming Leung, Man Fai Danny Liu, Hiu Wa Chan, and Chung Fan Cheng.

Which accounting firm was ratified by MasterBeef Group (MB) at the AGM for fiscal 2025?

Members ratified the appointment of OneStop Assurance PAC as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

How long will the newly appointed MasterBeef Group (MB) directors serve?

The seven directors will serve until the next annual meeting of members and until their successors are elected and qualified.

Where was MasterBeef Group (MB) AGM on December 12, 2025 held?

The AGM took place at the offices of Taylor Wessing, 21st Floor, 8 Queen’s Road Central, Hong Kong.