E-HOUSE ENT shareholders back authorized capital doubling and debt-restructuring share mandate

Bulletin Express06-16

E-House (China) Enterprise Holdings Limited (E-HOUSE ENT) secured unanimous shareholder support at its Extraordinary General Meeting on 16 June 2026 for two key resolutions designed to facilitate its offshore debt restructuring.

The first ordinary resolution passed with 832.63 million votes in favour and none against, authorising a 100% increase in the company’s authorised share capital to USD 100,000, divided into 10 billion shares with a par value of USD 0.00001 each. This move creates an additional 5 billion unissued shares, expanding the company’s capacity to issue equity.

A second resolution, also approved unanimously with 832.63 million affirmative votes, grants directors a specific mandate to issue new “Scheme Shares” to participating scheme creditors once the capital increase becomes effective. This issuance forms a core component of the company’s offshore debt restructuring plan as detailed in the 29 May 2026 circular.

All 11 board directors attended the meeting in person or electronically, and no shareholders were required to abstain. The total issued share count stood at 1.75 billion, providing full voting eligibility for all shares. Computershare Hong Kong Investor Services Limited acted as scrutineer, confirming that each resolution received well above the simple majority threshold required for passage.

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