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Majestic Ideal (MJID) shareholders approve two special resolutions at EGM

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Majestic Ideal Holdings Ltd reported the results of its Extraordinary General Meeting held on September 12, 2025 in Hong Kong. As of the August 22, 2025 record date, 20,500,000 Ordinary Shares were outstanding and entitled to vote, and 14,297,969 shares were represented in person or by proxy, equal to 69.57% of the outstanding shares.

Shareholders voted on two items of business, each approved as a special resolution. Proposal 1 received 14,297,631 votes for, 66 votes against, and 272 abstentions. Proposal 2 received 14,297,859 votes for, 66 votes against, and 44 abstentions. The company also filed a related press release as an exhibit.

Positive

  • None.

Negative

  • None.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September, 2025

 

Commission File Number: 001-42155

 

  Majestic Ideal Holdings Ltd  
  (Registrant’s Name)  

 

22/F, China United Plaza, 1002-1008, Tai Nan West Street,

Cheung Sha Wan, Kowloon, Hong Kong

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒     Form 40-F ☐

 

 

 

 

 

Submission of Matters to a Vote of Security Holders

 

On September 12, 2025 Majestic Ideal Holdings Ltd (the “Company”) held the Company’s Extraordinary General Meeting (the “EGM”) at 11:00 a.m. (Hong Kong time and date) at 7/F, China United Plaza, 1002-1008, Tai Nan West Street, Cheung Sha Wan, Kowloon, Hong Kong. On August 22, 2025 (the “Record Date”), the record date for the EGM, there were 20,500,000 of the Company’s Ordinary Shares outstanding and entitled to vote at the EGM. 14,297,969 Ordinary Shares, which represented 69.57% of the shares of the outstanding Ordinary Shares in the Company, were represented in person or by proxy.

 

Two items of business were acted upon by the Company’s shareholders at the EGM, each of which was approved by the shareholders as a special resolution:

 

1. “That:

 

  (a) Subject to and conditional upon the approval of the Registrar of Companies in the Cayman Islands, the Company’s English company name be changed from “Majestic Ideal Holdings Ltd” to “Ping An Biomedical Co., Ltd.” and its dual foreign name in Chinese be changed from “威美控股有限公司” to “平安生物医药有限公司” (“Proposed Change of Company Name”) with effect from the date of entry of the new English name and the dual foreign name in Chinese of the Company on the register maintained by the Registrar of Companies in the Cayman Islands and the date on which the certificate of incorporation on change of name is issued by the Registrar of Companies in the Cayman Islands; and

 

2. “That:

 

  (a) any one director, the secretary, and/or the registered office provider of the Company be instructed to notify the Registrar of Companies in the Cayman Islands of any special resolution so passed, to make any necessary filings in relation thereto, and to do all such acts and things and execute all such documents as he/she/they consider necessary, desirable or expedient for the purpose of, or in connection with, the implementation of and giving effect to the Proposed Change of Company Name.

 

The voting results were as follows:

 

   For   Against   Abstain 
Proposal 1   14,297,631    66    272 
Proposal 2   14,297,859    66    44 

 

Exhibits.

 

The following exhibits are being filed herewith:

 

Exhibit No.   Description
99.1*   Press Release

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  MAJESTIC IDEAL HOLDINGS LTD
   
  By: /s/ Yuk Yin Judy Li
  Name:  Yuk Yin Judy Li
  Title: Chairperson of the Board of Directors

 

Date: September 15, 2025

 

 

2

 

 

FAQ

What did Majestic Ideal Holdings Ltd (MJID) disclose in this 6-K?

The company disclosed the results of its Extraordinary General Meeting held on September 12, 2025, including quorum details and vote counts on two special resolutions.

How many Majestic Ideal (MJID) shares were eligible to vote at the EGM?

On the August 22, 2025 record date, 20,500,000 Ordinary Shares of Majestic Ideal Holdings Ltd were outstanding and entitled to vote at the EGM.

What percentage of Majestic Ideal (MJID) shares were represented at the EGM?

A total of 14,297,969 Ordinary Shares, representing 69.57% of the outstanding Ordinary Shares, were represented in person or by proxy at the EGM.

Were the proposals at Majestic Ideal’s EGM approved?

Yes. Two items of business were acted upon and each was approved as a special resolution by shareholders at the EGM.

What were the voting results for Proposal 1 at Majestic Ideal (MJID)?

Proposal 1 received 14,297,631 votes for, 66 votes against, and 272 abstentions.

What were the voting results for Proposal 2 at Majestic Ideal (MJID)?

Proposal 2 received 14,297,859 votes for, 66 votes against, and 44 abstentions.

Did Majestic Ideal (MJID) include any additional materials with this 6-K?

Yes. The company included a press release as Exhibit 99.1 to provide additional information.
Majestic Ideal

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