TOGA Limited Secures Shareholder Approval for Merger and Corporate Restructuring

Special Meeting endorses merger agreement, redomiciliation to Cayman Islands, and board appointment

TOGA Limited has announced that its shareholders have approved all resolutions tabled at the Company's Special Meeting of Stockholders, held virtually on 22 December 2025.

According to the Company, shareholders representing approximately 80.47% (73,240,698 shares) of the total voting power participated in the meeting, either in person or by proxy, satisfying the quorum requirements. As of the record date of 17 November 2025, a total of 91,011,318 shares were entitled to vote at the meeting.

At the Special Meeting, shareholders unanimously approved the adoption of the Merger Agreement and the Plan of Merger, enabling TOGA Limited to proceed with its proposed merger. Shareholders also approved the Plan of Conversion and Redomiciliation, which includes the Company's transition from Nevada to the Cayman Islands, the adoption of new constitutional documents, and a revised authorised share capital structure.

In addition, shareholders confirmed Mr Ng Boon Chee as the sole director of the holding company, following the completion of the proposed corporate restructuring.

All resolutions were approved with 100% of votes cast in favour, and no votes were recorded against or withheld. As a result, the proposed resolution to adjourn or postpone the Special Meeting was not required to be tabled.

The Company stated that the approvals obtained mark a significant milestone, allowing it to move forward with its merger, corporate restructuring, and redomiciliation plans. TOGA Limited also expressed its appreciation to shareholders for their continued support.

The Company noted that, in the event of any inconsistency or discrepancy, the English version of the announcement shall prevail.

Contact Details

Organization: TOGA Limited

Contact Person: Mic

Website: https://www.togltechnology.com/about-us/

Email: Send Email [https://dashboard.kingnewswire.com/release-contact/39852]

Contact Number: +60376118203

Country: Malaysia

Release Id: 13012639852

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