Legend Upstar Holdings Limited (Stock Code: 459) has issued a notice convening an Extraordinary General Meeting (EGM) at 11:30 a.m. on Friday, 20 February 2026 (Hong Kong time), to be held at Rooms 2505-8, 25th Floor, World-Wide House, 19 Des Voeux Road Central, Hong Kong.

According to the announcement dated 28 January 2026, shareholders will deliberate on a scheme of arrangement that proposes the cancellation and extinguishment of certain shares (referred to as Scheme Shares). Under a special resolution, the issued share capital of the company would be reduced by canceling these Scheme Shares. If passed and approved by the Grand Court of the Cayman Islands, the ordinary resolution will then restore the number of issued shares to their former amount by allotting and issuing new shares to the named Offeror, credited as fully paid at par.

The announcement further states that directors would be authorized to carry out all actions deemed necessary or desirable in connection with the implementation of the scheme, including the potential application for a withdrawal of the listing of the shares on The Stock Exchange of Hong Kong Limited. Shareholders intending to vote by proxy must submit relevant documentation to the designated share registrar not less than 48 hours before the scheduled EGM.