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WEBUY GLOBAL LTD 6-K Report: December 2024 AGM Highlights & Voting Results

$WBUY
Form 6-K
Filed on: 2024-12-19
Source
WEBUY GLOBAL LTD 6-K Report: December 2024 AGM Highlights & Voting Results

Here are the key insights and important information extracted from the financial report (Form 6-K) of WEBUY GLOBAL LTD:

  1. Document Type and Filing:
  • Type: 6-K
  • Commission File Number: 001-41840
  • Date of Filing: December 19, 2024
  • Report Period: For the month of December 2024
  1. Company Information:
  • Company Name: WEBUY GLOBAL LTD
  • Address: 35 Tampines Street 92, Singapore 528880
  • Contact: +65 8859 9762
  1. Annual General Meeting (AGM):
  • Date and Time: December 18, 2024, at 11:00 A.M. Singapore time (December 17, 2024, at 10:00 P.M. Eastern Time)
  • Location: Company’s executive office in Singapore
  • Quorum: 1,340,079 Class A ordinary shares and 21,395,400 Class B ordinary shares present, representing approximately 91.37% of the total shares.
  1. Voting Results: All matters voted on at the AGM were approved as recommended by the Board of Directors:
  • Proposal 1: Re-appointment of directors
    • Bin Xue: For - 428,931,234; Against - 294,337; Abstain - 22,508
    • Michelle Ting Ting Tan: For - 428,924,980; Against - 300,591; Abstain - 22,508
    • William Tat-Nin Chang: For - 428,905,209; Against - 320,249; Abstain - 22,620
    • Fangqin Lin: For - 428,905,809; Against - 319,761; Abstain - 22,508
    • Lizhi Qiao: For - 428,907,079; Against - 318,527; Abstain - 22,473
  • Proposal 2: Appointment of OneStop Assurance PAC as independent accounting firm
    • For - 429,002,058; Against - 224,610; Abstain - 21,411
  • Proposal 3: Approval of share consolidation (1-for-10 to 1-for-40)
    • For - 428,556,170; Against - 682,455; Abstain - 9,454
  • Proposal 4: Adjournment of the meeting if necessary
    • For - 428,807,995; Against - 429,599; Abstain - 10,485
  1. Signatory:
  • The report was signed by Bin Xue, Chief Executive Officer of WEBUY GLOBAL LTD.

This report provides a clear overview of the AGM's proceedings, including the significant shareholder participation and the approval of key proposals, which can indicate shareholder confidence in the management and future direction of the company.