JBDI Holdings Ltd reported initial insider ownership information for officer Lim Tze Ming, Kelvin, who serves as Sales Director. The filing lists a holding entry in Ordinary Shares, par value US$0.001, and shows 0 shares owned directly following the reported position.
JBDI Holdings Ltd reports that Siow Kim Lian is a ten percent owner in an initial statement of beneficial ownership. The filing shows direct ownership of 1,248,574 Ordinary Shares, par value US$0.001, as of the reported date. This is a baseline disclosure of existing holdings rather than a new share purchase or sale.
JBDI Holdings Ltd disclosed an initial insider ownership position for Sales Director Lim Kim Seng. The filing shows that he directly holds 416,792 Ordinary Shares of JBDI, each with a par value of US$0.001. This is a snapshot of his ownership rather than a report of recent buying or selling activity.
JBDI Holdings Ltd director files initial ownership report
Director Ng Siew Cher filed an initial Form 3 for JBDI Holdings Ltd, stating beneficial ownership of 0 ordinary shares as of the reported date. This filing establishes a baseline record that the director currently holds no directly owned ordinary shares in the company.
JBDI Holdings Ltd operations director Lim Tze Chong Patrick filed an initial Form 3 reporting his beneficial ownership in the company. The filing shows he directly holds 1,248,574 Ordinary Shares, par value US$0.001, and is identified as a ten percent owner, with no buy or sell transactions reported.
JBDI Holdings Ltd director Lim Geok Peng has filed an initial Form 3 reporting their beneficial ownership in the company. The filing shows reported holdings of 0 ordinary shares of JBDI as of May 28, 2026, establishing a baseline disclosure rather than recording a new buy or sell transaction.
JBDI Holdings Ltd director Lim Geok Peng has filed an initial Form 3, which is the first required statement of beneficial ownership for insiders. The filing shows 0 ordinary shares of JBDI held directly after the reported date of May 28, 2026, indicating no current equity position.
JBDI Holdings Limited is implementing a 1-for-2 reverse stock split of its Ordinary Shares to regain compliance with Nasdaq Listing Rule 5550(a)(2). The reverse split will be effective on June 29, 2026, and the shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market at the open on June 30, 2026 under the existing symbol JBDI.
The transaction will reduce issued and outstanding Ordinary Shares from 19,029,064 to approximately 9,514,532, and treasury shares from 758,436 to approximately 379,218. The par value per Ordinary Share will increase from $0.0005 to $0.001. No fractional shares will be issued; any fractional entitlements will be rounded up to the nearest whole share at the participant level.
JBDI Holdings Limited reported that Nasdaq notified the company its shares failed to meet the $1.00 minimum bid price requirement after trading below that level for 30 consecutive business days from November 21, 2025 through January 6, 2026. JBDI has until July 6, 2026 to regain compliance, with potential additional time if it meets other Nasdaq Capital Market standards.
To address this, JBDI will implement a 1-for-2 reverse stock split of its ordinary shares, expected to be effective on or about June 25, 2026. The split will reduce issued and outstanding ordinary shares from 19,029,064 to approximately 9,514,532 and increase par value from $0.0005 to $0.001 per share, with trading on a split-adjusted basis to continue on Nasdaq under the ticker “JBDI.”
JBDI Holdings Limited reported the results of its Annual General Meeting of Members held on May 28, 2026 in Singapore. Members approved a 1‑for‑2 Reverse Stock Split of the Company’s issued ordinary shares, giving the Board discretion to implement it at any time within 12 months when it believes doing so is in the Company’s best interests.
Shareholders also elected five directors, including two executive directors and three independent non‑executive directors, to serve until the next annual meeting. In addition, Members ratified OneStop Assurance PAC as the Company’s independent registered public accounting firm for the fiscal year ending May 31, 2026.