UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
SCHEDULE
14C INFORMATION
Information
Statement Pursuant to Section 14(c) of the
Securities
Exchange Act of 1934
Check
the appropriate box:
| ☒ |
Preliminary
Information Statement |
| ☐ |
Confidential,
for Use of the Commission Only (as permitted by Rule 14c-5(d)(2)) |
| ☐ |
Definitive
Information Statement |
Greenpro
Capital Corp.
(Name
of Registrant as Specified in its Charter)
Payment
of Filing Fee (Check all boxes that apply):
| ☒ |
No
fee required |
| ☐ |
Fee
paid previously with preliminary materials |
| ☐ |
Fee
computed on table in exhibit required by Item 25(b) of Schedule 14A (17 CFR 240.14a-101) per Item 1 of this Schedule and Exchange
Act Rules 14c-5 (g) and 0-11. |

Greenpro
Capital Corp
B-23A-02,
G-Vestor Tower, Pavilion Embassy,
200
Jalan Ampang, 50450 W.P. Kuala Lumpur, Malaysia
NOTICE
OF STOCKHOLDER ACTION BY WRITTEN CONSENT AND INFORMATION STATEMENT
To
the Stockholders of Greenpro Capital Corp.:
This
Schedule 14C Information Statement (this “Information Statement”) is being furnished to the holders of record of the outstanding
shares of common stock, par value $0.0001 per share (the “Common Stock”), of Greenpro Capital Corp., a Nevada corporation
(the “Company”, “we” or “our”), as of the close of business on [●], 2026 (the “Record
Date”).
This
Information Statement is provided solely for informational purposes to stockholders in connection with actions taken by written consent
of stockholders holding a majority of the voting power of the Company. (the “Written Consent”) Stockholders are not being
asked to vote or to provide a proxy, and no action is required by you.
On
February 9, 2026, the Board of Directors of the Company determined the actions described herein were advisable and in the best
interests of the Company and its stockholders and recommended that the stockholders approve and/or ratify such actions. On February
9, 2026, stockholders holding an aggregate of 4,463,908 shares of Common Stock, representing approximately 51.75%
of the voting power of the Company (the “Majority Stockholders”), executed and delivered Written Consent approving and/or
ratifying the actions described herein (collectively, the “Approved Actions”).
WE
ARE NOT ASKING YOU FOR A PROXY, AND YOU ARE REQUESTED NOT TO SEND US A PROXY.
The
Company expects to begin mailing this Information Statement to stockholders on or about [●], 2026.
By
Order of the Board of Directors,
| /s/
Lee Chong Kuang |
|
| Lee
Chong Kuang |
|
| Chief
Executive Officer |
|
GENERAL
INFORMATION; NO VOTE REQUIRED; NO PROXY SOLICITATION
This
Information Statement is being furnished in accordance with Section 14(c) of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), and Regulation 14C thereunder. The Approved Actions have already been approved and/or ratified by the Written Consent of
the Majority Stockholders. No meeting of stockholders will be held, and no vote or proxy is being solicited.
THIS
INFORMATION STATEMENT IS NOT A PROXY STATEMENT, AND NO PROXY IS BEING SOLICITED.
RECORD
DATE; VOTE REQUIRED; MAJORITY STOCKHOLDER CONSENT
Record
Date. The close of business on [●], 2026, has been fixed as the Record Date for determining stockholders entitled to receive
this Information Statement.
Vote
Required; Action by Written Consent. Pursuant to NRS 78.320 and the Company’s governing documents, action may be taken without
a meeting by written consent of holders of at least the minimum number of votes required to authorize such action at a meeting. The Majority
Stockholders executed the Written Consent and thereby approved and/or ratified the Approved Actions. The record date of such action by
written consent was February 9, 2026.
The
names of the Majority Stockholders and their respective voting power are set forth under ‘Consenting Stockholders’ below.
Consenting
Stockholders
| Stockholder | |
Position | |
Shares Held and Voting in Favor | | |
Percentage | |
| Lee, Chong Kuang | |
Chief Executive Officer, President and Director | |
| 1,739,034 | | |
| 20.39 | % |
| Loke, Che Chan Gilbert | |
Chief Financial Officer, Secretary, Treasurer and Director | |
| 1,387,084 | | |
| 16.27 | % |
| Yap, Pei Ling | |
Officer | |
| 165,915 | | |
| 1.95 | % |
| Chuchottaworn, Srirat | |
Director | |
| 122,250 | | |
| 1.43 | % |
| Chew, Chee Wah | |
Director | |
| 3,632 | | |
| 0.04 | % |
| Wong, Christopher Yu Nien | |
Director | |
| 1,396 | | |
| 0.02 | % |
| Chen, Yan Hong | |
Officer | |
| 2,640 | | |
| 0.03 | % |
| Tan, Lee Sha | |
| |
| 125,000 | | |
| 1.47 | % |
| Poon, Tsz Yu | |
| |
| 50,000 | | |
| 0.59 | % |
| Chui, Sang Derek | |
| |
| 50,000 | | |
| 0.59 | % |
| Ngai, Suk Fun | |
| |
| 50,000 | | |
| 0.59 | % |
| Kwan, Tak Hing | |
| |
| 10,000 | | |
| 0.12 | % |
| Lam, Hung Tak | |
| |
| 20,000 | | |
| 0.23 | % |
| Yeung, Kam Shing William | |
| |
| 50,000 | | |
| 0.59 | % |
| Song, Shijie | |
| |
| 100,000 | | |
| 1.17 | % |
| Good Girl Environmental Plant Research Center Limited | |
| |
| 555,000 | | |
| 6.43 | % |
| Alpha Chamberlain Management Limited | |
| |
| 31,957 | | |
| 0.37 | % |
| TOTAL VOTING POWER APPROVING | |
| |
| 4,463,908 | | |
| 51.75 | % |
The
Share Exchange
On
February 13, 2026, we entered into a Share Exchange Agreement (the “Share Exchange Agreement”) with Forekast Limited,
a British Virgin Islands company (“FKL”) and the shareholders of FKL, listed on Annex A thereto (each such shareholder a
“FKL Shareholder” and collectively, the “FKL Shareholders”), whereby we will acquire an aggregate of 1,360 issued
and outstanding ordinary shares of FKL (the “FKL Shares”), representing approximately 13.6% of FKL’s issued and outstanding
equity interests, in exchange for the issuance by the Company of an aggregate of 8,500,000 shares of Common Stock (the “Exchange
Shares”), representing approximately 49.63% of the Company’s issued and outstanding equity interests. Under the Share Exchange
Agreement, each FKL Stockholder will receive such number of fully paid shares of Common Stock in exchange for FKL Shares
exchanged by such FKL Stockholder as set forth in the table below.
| Name | |
FKL Shares | | |
Exchange shares | |
| BHL LTD. | |
| 520 | | |
| 3,250,000 | |
| MOIRA VENTURE LIMITED | |
| 120 | | |
| 750,000 | |
| RENHARI LIMITED | |
| 180 | | |
| 1,125,000 | |
| JOHARNE LIMITED | |
| 180 | | |
| 1,125,000 | |
| CRESCENT EAST LIMITED | |
| 180 | | |
| 1,125,000 | |
| STRATIFI GLOBAL LIMITED | |
| 180 | | |
| 1,125,000 | |
| Totals | |
| 1,360 | | |
| 8,500,000 | |
Share
Issuance - Nasdaq Listing Rules 5635(a) and (d)
The
Company’s Common Stock is listed on The Nasdaq Capital Market. The issuance of the Exchange Shares in the Share Exchange Agreement
will exceed 20% of the Company’s pre-transaction outstanding Common Stock and voting power. Accordingly, the Company is seeking
stockholder approval of such issuances to the extent required by Nasdaq Listing Rule 5635(a) and, to the extent applicable, Nasdaq Listing
Rule 5635(d). To the extent that Nasdaq Listing Rule 5635(d) is determined not to apply, the Company is nevertheless seeking stockholder
approval, out of an abundance of caution, to ensure compliance with applicable Nasdaq listing standards.
Post-Transaction
Ownership
The
ownership information set forth in the table below is based on 8,625,813 shares of Common Stock outstanding as of the date of this Information
Statement and assumes the issuance of shares pursuant to the Share Exchange Agreement and no other issuances.
| | |
Shares Owned | | |
% of Total Post-Transaction | |
| Existing Company shareholders | |
| 8,625,813 | | |
| 50.37 | % |
| Share Exchange Agreement (Exchange Shares recipients) | |
| 8,500,000 | | |
| 49.63 | % |
| Total shares outstanding after closing | |
| 17,125,813 | | |
| 100 | % |
QUESTIONS
AND ANSWERS
Q:
Why am I receiving this Information Statement?
A:
You are receiving this Information Statement because the Company’s Board of Directors reviewed the transactions described in this
Information Statement, determined that the actions to approve and ratify such transactions were advisable and in the best interests of
the Company and its stockholders, and recommended that the Company’s stockholders approve and/or ratify those actions. Stockholders
holding a majority of the Company’s outstanding voting power have already approved and/or ratified the actions by the Written Consent,
and SEC rules require that the Company provide this Information Statement to its stockholders even though your vote is not requested
or required.
Q:
What actions were approved/ratified?
A:
The stockholders approved the Share Exchange Agreement and the transactions contemplated thereby, ratified and confirmed the transactions
contemplated thereby, and approved the issuance of shares of Common Stock for purposes of Nasdaq Listing Rules 5635(a) and, to the extent
applicable, 5635(d).
Q:
How many shares will be issued under the Share Exchange Agreement?
A:
The Company expects to issue 8,500,000 shares of Common Stock under the Share Exchange Agreement in accordance with the terms and conditions
of the Share Exchange Agreement.
Q:
What percentage/dilution does this represent?
A:
Based on 8,625,813 shares outstanding as of the date of the Information Statement, the shares to be issued under the Share Exchange Agreement
would represent approximately 49.63% of the Company’s Common Stock on a pro forma basis, assuming no other issuances. As such,
the issuances under the Share Exchange will cause substantial dilution to Stockholders, which could reduce the value of your investment
in the Common Stock.
Q:
When will the shares be issued under the Share Exchange Agreement?
A:
Subject to the satisfaction or waiver of the closing conditions, the shares will be issued at the closing of the Share Exchange. The
closing and issuance of the shares of Common Stock under the Share Exchange Agreement (and the effectiveness of the actions described
in this Information Statement) will occur no earlier than 20 calendar days after this Information Statement is first mailed to stockholders,
as required by Rule 14c-2 under the Exchange Act.
Q:
Will any of the individual stockholders of the Company hold more than 20% of its Common Stock after the issuance of shares of Common
Stock under the Share Exchange Agreement?
A:
No individual stockholder will hold more than 20% of the Company’s shares of Common Stock after such issuance.
Q:
Why was Nasdaq stockholder approval required?
A:
The Company’s Common Stock is listed on The Nasdaq Capital Market. The issuance of the Exchange Shares in the Share Exchange will
exceed 20% of the Company’s pre-transaction outstanding Common Stock and voting power. Accordingly, the Company is seeking stockholder
approval of the issuance of shares in connection with the transactions described in this Information Statement to the extent required
by Nasdaq Listing Rule 5635(a) and/or 5635(d). To the extent that Nasdaq Listing Rule 5635(d) is determined not to apply, the Company
is nevertheless seeking stockholder approval, out of an abundance of caution, to ensure compliance with applicable Nasdaq listing standards.
Q:
Do I need to take any action?
A:
No. You are not being asked to vote or provide a proxy, and no action is required by you.
Q:
Are dissenters’ rights available?
A:
No. Dissenters’ or appraisal rights are not available under Nevada law in connection with the Approved Actions described in this
Information Statement.
SUMMARY
OF THE APPROVED ACTIONS BY WRITTEN CONSENT
The
Approved Actions consist of:
| |
● |
Approval of the Share Exchange Agreement and the transactions
contemplated thereby, including the issuance of 8,500,000 shares of Common Stock. |
| |
|
|
| |
● |
Approval of the issuance of shares of Common Stock pursuant
to the Share Exchange Agreement for purposes of Nasdaq Listing Rule 5635(a) and, to the extent applicable, Nasdaq Listing Rule 5635(d). |
ACTION
1: APPROVAL OF THE SHARE EXCHANGE AGREEMENT
On February
9, 2026, the Board of Directors determined that the Share Exchange Agreement by and among the Company, FKL, and the FKL
Stockholders, and the transactions contemplated thereby, including the issuance of 8,500,000 shares of Common Stock, was advisable and in the best interests of the Company and its stockholders and
recommended that the stockholders approve such action.
Action
1 was approved by the Majority Stockholders on February 9, 2026.
Because
the Majority Stockholders have already approved Action 1 by Written Consent, no further action is required.
ACTION
2: NASDAQ LISTING RULE SHARE ISSUANCE APPROVAL (5635(a) AND 5635(d))
Nasdaq
Listing Rule 5635(a) requires stockholder approval prior to the issuance of securities in connection with an acquisition if the number
of shares to be issued equals or exceeds 20% of the Company’s outstanding Common Stock or voting power prior to such issuance.
Nasdaq
Listing Rule 5635(d) requires stockholder approval prior to the issuance of securities in a transaction other than a public offering
if the issuance equals or exceeds 20% of the Company’s outstanding Common Stock or voting power and the issuance price is less
than the “Minimum Price.” For purposes of Rule 5635(d), “Minimum Price” means the lower of:
| |
● |
the official closing price of the Company’s Common Stock
on The Nasdaq Capital Market immediately preceding the signing of the applicable agreement; and |
| |
|
|
| |
● |
the average official closing price of the Company’s Common
Stock on The Nasdaq Capital Market for the five trading days immediately preceding the signing of the applicable agreement. |
To
the extent that Nasdaq Listing Rule 5635(d) is determined not to apply, the Company is nevertheless seeking stockholder approval, out
of an abundance of caution, to ensure compliance with applicable Nasdaq listing standards.
On
February 9, 2026, the Board of Directors determined Action 2 was advisable and in the best interests of the Company and its stockholders
and recommended that the stockholders approve such actions. The Majority Stockholders approved the issuance of shares of Common Stock
pursuant to the Share Exchange Agreement for purposes of Nasdaq Listing Rule 5635(a) and, to the extent applicable, Nasdaq Listing Rule
5635(d).
Action
2 was approved by the Majority Stockholders on February 9, 2026.
Because
the Majority Stockholders have already approved Action 2 by Written Consent, no further action is required.
SUMMARY
OF MATERIAL TERMS OF THE TRANSACTIONS
Summary
of Material Terms of the Share Exchange Agreement
The
following is a summary of the material terms of the Share Exchange Agreement (the “Share Exchange Agreement”). This summary
does not purport to be complete and is qualified in its entirety by reference to the full text of the Share Exchange Agreement, which
is filed as an exhibit to this Information Statement.
Parties.
The Company, Forekast Limited, a British Virgin Islands company (“FKL”), and the shareholders of FKL’s ordinary shares
identified on Annex A to the Share Exchange Agreement (the “FKL Shareholders”).
Transaction
Overview. Pursuant to the Share Exchange Agreement, at the closing of the share exchange (the “Share Exchange”), FKL
Shareholders will transfer to the Company the FKL Company ordinary shares specified in Annex A (the “FKL Shares”), and, in
exchange, the Company will issue 8,500,000 shares of the Company’s common stock, par value $0.0001 per share (the “Common
Stock”), to FKL Shareholders (or their permitted designees) (the “Exchange Shares”).
Exchange
Ratio; Exchange Shares. The exchange ratio under the Share Exchange Agreement is 6,250 shares of Common Stock for each one (1) FKL
Share transferred to the Company.
Protected
Percentage; Cap Table Certificate; Adjustments. The Share Exchange Agreement contemplates that, upon consummation of the Share Exchange,
i) the Company will acquire the FKL Shares representing the “Protected Percentage” (as defined in the Share Exchange Agreement)
of FKL and ii) FKL Shareholders will acquire the Exchange Shares representing BVI Shareholders Issuance Percentage (as defined in the
Share Exchange Agreement); on a fully diluted basis as of closing. At least three (3) business days prior to closing, each Party is required
to deliver a certificate certifying, among other items, the fully diluted capitalization of each Party and the number of shares that
must be transferred or issued at closing for the Company to hold the Protected Percentage and FKL Shareholders to receive the Issuance
Percentage.
If
the FKL Shares identified on Annex A and the Exchange Shares do not result in the Company holding the Protected Percentage and FKL Shareholders
holding the Issuance Percentage, then Annex A and the number of Exchange Shares issuable at closing will be adjusted so that (i) the
Company acquires the FKL Shares necessary to hold the Protected Percentage and (ii) the number of Exchange Shares issued reflects FKL
Shareholders Issuance Percentage.
Closing.
The closing is expected to occur remotely through the exchange of executed documents and signatures, generally no later than the second
business day after satisfaction or waiver of the closing conditions (unless otherwise agreed by the parties). The Company expects that
the Exchange Shares will be issued at the closing of the Share Exchange, which will occur no earlier than twenty (20) calendar days after
this Information Statement is first mailed to stockholders, in accordance with Rule 14c-2 under the Securities Exchange Act of 1934,
as amended.
Selected
Conditions to Closing. The obligations of the parties to consummate the Share Exchange are subject to customary conditions, including,
among others:
| |
● |
receipt of stockholder approval of the issuance of the Exchange
Shares and other actions described in this Information Statement; |
| |
|
|
| |
● |
the absence of any threatened SEC proceeding relating to the
Information Statement; and |
| |
|
|
| |
● |
continued listing of the Company’s Common Stock on The
Nasdaq Capital Market and approval for listing of the Exchange Shares (subject to applicable Nasdaq notice requirements). |
Information
Statement Covenant. The Share Exchange Agreement contemplates that the Company will prepare and file an information statement with
the Securities and Exchange Commission and mail such information statement to stockholders as required under applicable SEC rules, and
that the parties will furnish information reasonably requested for inclusion in the information statement.
Exchange
Shares; Transfer Restrictions. The Exchange Shares are expected to be issued in a transaction not involving a public offering and
will be “restricted securities” under the Securities Act of 1933, as amended. The Exchange Shares will bear an appropriate
restrictive legend and may not be offered, sold, pledged, or otherwise transferred except pursuant to an effective registration statement
or an available exemption from registration, and in compliance with applicable state securities laws.
Protective
Provisions. As a condition to closing, the Share Exchange Agreement contemplates that FKL and the FKL Shareholders will adopt or
amend FKL’s organizational documents to provide the Company with preemptive rights and transfer rights as mentioned in the Share
Exchange Agreement while the Company holds equity in FKL.
Termination;
Outside Date. The Share Exchange Agreement may be terminated under customary circumstances described therein. If the Share Exchange
has not been consummated by March 31, 2026 (the “Outside Date”), the Share Exchange Agreement may be terminated by
FKL as provided therein (subject to any extension rights described in the agreement).
REASONS
FOR THE BOARD OF DIRECTORS’ ACTIONS
The
Company’s management and Board believe that Forekast’s AI-driven augmented intelligence and enterprise technology platforms
would have primary synergy with Greenpro’s financial advisory, digital asset, and capital-markets ecosystem. Forekast’s capabilities
in predictive analytics, customer intelligence, smart operations, and AI-enabled decision support could significantly enhance Greenpro’s
offerings in digital banking, ESG investment, tokenisation, and cross-border financial services
The
management of both companies is looking to create an end-to-end digital finance and AI solutions platform across ASEAN and global
emerging markets. Greenpro’s public-market access, regulatory experience, and investor network would accelerate Forekast’s
commercial scaling, while Forekast’s technology stack would deepen Greenpro’s transformation into a technology-enabled financial
services provider.
EFFECTS
OF THE TRANSACTIONS; DILUTION; PRO FORMA CAPITALIZATION AND OWNERSHIP
The
issuance of shares under the Share Exchange Agreement will substantially dilute the ownership interests of the Company’s existing
stockholders. Based upon the terms of the Share Exchange Agreement, we expect to issue an aggregate of 8.5 million shares of the Common
Stock and presently have 8,625,813 shares outstanding. As such, the issuances under the Share Exchange will cause substantial dilution
to Stockholders, which could reduce the value of your investment in the Common Stock.
The
following table sets forth the Company’s Common Stock ownership on a pro forma basis, based on 8,625,813 shares of Common Stock
outstanding as of the date of this Information Statement and assuming issuance of shares under the Share Exchange Agreement, and no other
issuances:
| Holder Category | |
Shares | | |
Percentage | |
| Existing shareholders | |
| 8,625,813 | | |
| 50.37 | % |
| Share Exchange Agreement recipients | |
| 8,500,000 | | |
| 49.63 | % |
| Total | |
| 17,125,813 | | |
| 100 | % |
BENEFICIAL
OWNERSHIP OF SECURITIES
The
following table sets forth information about the beneficial ownership of the Common Stock as of February 9, 2026 (prior to the
issuance of shares under the Share Exchange Agreement for:
| |
● |
each person or group known to us who beneficially owns more
than 5% of the Common Stock; |
| |
|
|
| |
● |
each of our directors; |
| |
|
|
| |
● |
each of our named executive officers; and |
| |
|
|
| |
● |
all of our directors and executive officers as a group. |
The
number of shares of the Common Stock beneficially owned, and percentages of beneficial ownership, are based on 8,625,813 shares of the
Company’s Common Stock outstanding as of February 9, 2026.
Beneficial
ownership for the purposes of the following table is determined in accordance with the rules and regulations of the SEC. These rules
generally provide that a person is the beneficial owner of securities if such person has or shares the power to vote or direct the voting
thereof, or to dispose or direct the disposition thereof, or has the right to acquire such powers within 60 days. Common Stock subject
to options or other derivative securities that are currently exercisable or will vest within 60 days of February 9, 2026, are
deemed to be outstanding and beneficially owned by the person holding the options or such derivative securities. These shares, however,
are not deemed outstanding for the purposes of computing the percentage ownership of any other person. Except as disclosed in the footnotes
to this table and subject to applicable community property laws, we believe that each stockholder identified in the table possesses sole
voting and investment power over all Common Stock shown as beneficially owned by such stockholder.
Unless
otherwise noted below, the address of each beneficial owner listed on the table is B-23A-02, G-Vestor Tower, Pavilion Embassy, 200 Jalan
Ampang, 50450 W.P. Kuala Lumpur, Malaysia.
| Name
of Beneficial Owner | |
Number
of Shares of Common Stock Beneficially Owned | | |
Percentage
of Common Stock Outstanding | |
| Directors
and Executive Officers | |
| | | |
| | |
Lee,
Chong Kuang Chief Executive Officer, President and Director | |
| 1,739,034 | | |
| 20.16 | % |
Loke,
Che Chan Gilbert Chief Financial Officer, Secretary, Treasurer and Director | |
| 1,387,084 | | |
| 16.08 | % |
Sheth,
Prabodh Kumar Kantilal H Non-Executive Director | |
| - | | |
| - | |
Han,
Mean Kwong Independent Director | |
| - | | |
| - | |
Chuchottaworn,
Srirat Independent Director | |
| 122,250 | | |
| 1.42 | % |
Chew,
Chee Wah Independent Director | |
| 3,632 | | |
| * | % |
Wong,
Christopher Yu Nien Independent Director | |
| 1,396 | | |
| * | % |
Yap,
Pei Ling Officer | |
| 165,915 | | |
| 1.92 | % |
Chen,
Yanhong Officer | |
| 2,640 | | |
| * | % |
| All directors
and officers as a group (9 persons named above) | |
| 3,421,951 | | |
| 39.67 | % |
| Principal
Stockholders | |
| | | |
| | |
| Good
Girl Environmental Plant Research Center Limited | |
| 555,000 | | |
| 6.43 | % |
*
Less than 1% of our total issued and outstanding Common Stock as of February 9, 2026.
EXPECTED
BENEFICIAL OWNERSHIP AFTER THE TRANSACTIONS
The
following table sets forth information about the beneficial ownership of Common Stock immediately after the consummation of the Share
Exchange Agreement:
| ● |
each person or group known
to us who beneficially owns more than 5% of the Common Stock; |
| ● |
each of our directors; |
| ● |
each of our named executive
officers; and |
| ● |
all of our directors and
executive officers as a group. |
The
number of shares of Common Stock beneficially owned, and percentages of beneficial ownership, are based on 17,125,813 shares of the Company’s
Common Stock to be issued and outstanding upon completion of the Share Exchange Agreement.
Based
on the Company’s current capitalization and the expected issuance of shares pursuant to the Share Exchange Agreement, no individual
stockholder is expected to beneficially own more than 20% of the Company’s outstanding Common Stock immediately after giving effect
to the transactions described in this Information Statement (assuming no other issuances and no transfers of shares).
Unless
otherwise noted below, the address of each beneficial owner listed on the table is B-23A-02, G-Vestor Tower, Pavilion Embassy, 200 Jalan
Ampang, 50450 W.P. Kuala Lumpur, Malaysia.
| Name of Beneficial Owner | |
Number of Shares of Common Stock Beneficially Owned | | |
Percentage of Common Stock Outstanding | |
| Directors and Executive Officers | |
| | | |
| | |
Lee, Chong Kuang Chief Executive Officer, President and Director | |
| 1,739,034 | | |
| 10.46 | % |
Loke, Che Chan Gilbert Chief Financial Officer, Secretary, Treasurer and Director | |
| 1,387,084 | | |
| 8.34 | % |
Sheth, Prabodh Kumar Kantilal H Non-Executive Director | |
| - | | |
| - | |
Han, Mean Kwong Independent Director | |
| - | | |
| - | |
Chuchottaworn, Srirat Independent Director | |
| 122,250 | | |
| * | % |
Chew, Chee Wah Independent Director | |
| 3,632 | | |
| * | % |
Wong, Christopher Yu Nien Independent Director | |
| 1,396 | | |
| * | % |
Yap, Pei Ling Officer | |
| 165,915 | | |
| * | % |
Chen, Yanhong Officer | |
| 2,640 | | |
| * | % |
| All directors and officers as a group (9 persons named above) | |
| 3,421,951 | | |
| 20.58 | % |
| Principal Stockholders | |
| | | |
| | |
| Muzahid Shah Bin Abdul Rahman(1) | |
| 3,250,000 | | |
| 18.98 | % |
| Chai Kim Choy(2) | |
| 750,000 | | |
| 4.38 | % |
| Chan Chong Ming(3) | |
| 1,125,000 | | |
| 6.57 | % |
| Tai Ching Yi(4) | |
| 1,125,000 | | |
| 6.57 | % |
| Lim Guek Sim(5) | |
| 1,125,000 | | |
| 6.57 | % |
| Tan Wei Seong(6) | |
| 1,125,000 | | |
| 6.57 | % |
| All Principal Stockholders (6 persons named above) | |
| 8,500,000 | | |
| 49.63 | % |
*
Less than 1% of the Company’s Common Stock expected to be outstanding immediately after the transactions described in this Information
Statement.
(1)
Comprising 3,250,000 shares of our Common Stock to be held by BHL Ltd. Mr Muzahid Shah is the sole director and 100% beneficial
owner of BHL Ltd.
(2)
Comprising 750,000 shares of our Common Stock to be held by Moira Venture Limited. Mr Chai is the sole director and 100% beneficial
owner of Moira Venture Limited.
(3)
Comprising 1,125,000 shares of our Common Stock to be held by Renhari Limited. Mr Chan is the sole director and 100% beneficial
owner of Renhari Limited.
(4)
Comprising 1,125,000 shares of our Common Stock to be held by Joharne Limited. Mr Tai is the sole director and 100% beneficial
owner of Joharne Limited.
(5)
Comprising 1,125,000 shares of our Common Stock to be held by Crescent East Limited. Ms Lim is the sole director and 100% beneficial
owner of Crescent East Limited.
(6)
Comprising 1,125,000 shares of our Common Stock to be held by Stratifi Global Limited. Mr Tan is the sole director and 100% beneficial
owner of Stratifi Global Limited.
INTERESTS
OF CERTAIN PERSONS IN THE APPROVED ACTIONS
In
considering and approving the Approved Actions, the Board of Directors considered the interests of the Company’s directors and
executive officers. Other than their interests as stockholders of the Company, neither the Company nor any of its directors or executive
officers has any material interest in the Approved Actions.
In
particular: (i) no director or executive officer will receive any cash consideration, bonus, finder’s fee, advisory fee or other
compensation in connection with the Share Exchange Agreement or the issuance of the Exchange Shares; (ii) no director or executive officer
has any direct or indirect material interest in Forekast Limited or any of the Forekast shareholders party to the Share Exchange Agreement,
and no such persons are related to any of the Forekast shareholders; (iii) no director or executive officer is expected to enter into
any employment, consulting, management, board nomination, voting, lock-up or other similar arrangement in connection with the Approved
Actions; and (iv) there are no understandings regarding any future financing or other transaction that would provide additional benefits
to any director or executive officer as a result of the Approved Actions.
To
the extent any director or executive officer’s beneficial ownership of Common Stock will be diluted as a result of the issuance
of the Exchange Shares, such dilution will occur on the same basis as for the Company’s other existing stockholders.
DISSENTERS’
RIGHTS
The
Approved Actions do not constitute a merger, conversion, or statutory share exchange of the Company under Chapter 92A of the Nevada Revised
Statutes. Accordingly, stockholders are not entitled to dissenters’ or appraisal rights in connection with the Approved Actions.
INCORPORATION
BY REFERENCE; ADDITIONAL INFORMATION
The
SEC’s rules allow us to “incorporate by reference” information contained in other documents that we file with the SEC
into this Information Statement. This means that we may satisfy certain disclosure requirements by referring you to other documents that
contain that information. The information incorporated by reference is considered part of this Information Statement, except to the extent
that information in this Information Statement or in any subsequently filed document that is also incorporated by reference herein modifies
or supersedes such information.
We
incorporate by reference in this Information Statement the documents listed below (other than, in each case, information deemed to have
been “furnished” and not “filed,” including any information furnished under Item 2.02 or Item 7.01 of any Current
Report on Form 8-K and related exhibits), as well as any future filings we make with the SEC under Sections 13(a), 13(c), 14 or 15(d)
of the Exchange Act after the date of the initial filing of this Information Statement and before the earlier of (i) the closing of the
transactions contemplated by the Share Exchange Agreement (the “Closing Date”) and (ii) the termination of the Share Exchange
Agreement:
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Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on April 9, 2025; |
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Quarterly Reports on Form 10-Q for the fiscal quarters ended
March 31, 2025, June 30, 2025, and September 30, 2025, filed with the SEC on May 14, 2025, August 12, 2025, and November 13, 2025, respectively; |
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Current Reports on Form 8-K filed with the SEC on June 11, 2025, June 24, 2025, September 23, 2025, October 3, 2025, November 17, 2025, and November 20, 2025 (in each case, excluding any information
furnished under Item 2.02 or Item 7.01 and any related exhibits); and |
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Information Statement on Schedule 14C for our 2025 annual meeting
of stockholders, filed with the SEC on November 3, 2025. |
Any
statement contained in a document incorporated by reference herein will be deemed to be modified or superseded for purposes of this Information
Statement to the extent that a statement contained in this Information Statement or in any other subsequently filed document that is
also incorporated by reference herein modifies or supersedes such statement. Any statement so modified or superseded will not, except
as so modified or superseded, constitute a part of this Information Statement.
We
will provide, without charge, to each person to whom a copy of this Information Statement is delivered, upon written or oral request,
a copy of any or all of the documents incorporated by reference in this Information Statement (other than exhibits to those documents
unless such exhibits are specifically incorporated by reference into this Information Statement). Requests for such copies should be
directed to:
Greenpro
Capital Corp.
Attn:
Lee Chong Kuang
B-23A-02,
G-Vestor Tower, Pavilion Embassy, 200 Jalan Ampang, 50450 W.P. Kuala Lumpur, Malaysia
Telephone:
(60) 16-712 0488
Email:
ck.lee@greenprocapital.com
We
will send any requested document to you by first-class mail or other equally prompt means within one business day of receiving your request.
Security
Holder Proposals
We
did not receive any security holder proposals accompanied by a notice of intent to present such proposals for action by our stockholders
in connection with the matters described in this Information Statement.
HOUSEHOLDING
OF INFORMATION STATEMENT
We
have adopted a procedure, approved by the SEC, called “householding.” Under this procedure, we deliver a single copy of this
Information Statement to stockholders of record who have the same address unless we are notified that one or more of these stockholders
wishes to receive individual copies. This procedure reduces our printing costs and postage fees.
If
you participate in householding, upon oral or written request, we will promptly deliver a separate copy of the Information Statement
to a stockholder at a shared address to which a single copy of the Information Statement was delivered. If you wish to receive a separate
copy of this Information Statement, or if you do not wish to continue to participate in householding and prefer to receive separate copies
of these documents in the future, please contact us by telephone at (60) 3 8408-1788 or by writing to us at:
GREENPRO
CAPITAL CORP.
ATTN:
Lee Chong Kuang
B-23A-02,
G-Vestor Tower, Pavilion Embassy, 200 Jalan Ampang, 50450 W.P. Kuala Lumpur, Malaysia
(60)
16-712 0488
ck.lee@greenprocapital.com
THIS
INFORMATION STATEMENT IS NOT A PROXY SOLICITATION AND NO PROXY IS BEING SOLICITED. THE SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED
OR DISAPPROVED THE APPROVED ACTIONS DESCRIBED HEREIN OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS INFORMATION STATEMENT.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Schedule 14C (Preliminary
Information Statement) to be signed on its behalf by the undersigned hereunto duly authorized.
Dated:
February 17, 2026
| GREENPRO
CAPITAL CORP. |
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| By: |
/s/
Lee Chong Kuang |
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Lee
Chong Kuang |
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Chief
Executive Officer and Director |
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Kuala
Lumpur, Malaysia |
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