Eastern International updates share structure and charter
Eastern International Ltd. reported results of an Extraordinary General Meeting where shareholders approved a redesignation of existing preferred shares and an update to the company’s charter.
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Rhea-AI Filing Summary
Eastern International Ltd. reported results of an Extraordinary General Meeting where shareholders approved a redesignation of existing preferred shares and an update to the company’s charter. The 1,000,000 issued preferred shares with a par value of USD0.0001 were redesignated as 1,000,000 series A preferred shares with the same rights.
Following this share redesignation, the authorised share capital became USD50,000, divided into 450,000,000 ordinary shares, 1,000,000 series A preferred shares, and 49,000,000 other preferred shares, each with a par value of USD0.0001. Shareholders also approved and adopted the Third Amended and Restated Memorandum and Articles of Association, replacing the prior version with immediate effect.
Key Figures
Key Terms
Extraordinary General Meeting financial
Third Amended and Restated Memorandum and Articles of Association regulatory
special resolution regulatory
FAQ
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What is the significance of Eastern International’s Third Amended and Restated M&A?
When and where did Eastern International (ELOG) hold its Extraordinary General Meeting?
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