Starbox Group Holdings Ltd. (STBX) has released an update.
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Starbox Group Holdings Ltd. has announced an extraordinary general meeting for shareholders on October 23, 2024, in Kuala Lumpur, to vote on a major share consolidation and authorized share capital increase. The proposal includes consolidating Class A and Class B ordinary shares and unissued preferred shares on a 16:1 basis, followed by an increase in the authorized share capital from US$999,000 to US$9,990,000. Shareholders on record by September 9, 2024, are eligible to vote at the meeting.
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