Byte Meta (08645) has announced that its board of directors recommends changing the company's existing English name from "Byte Metaverse Holdings Limited" to "Mekong Supercompute Holdings Limited," along with discontinuing the use of the Chinese dual foreign name "Bit Metaverse Holdings Limited."
The company operates as an investment holding entity, with its group primarily engaged in four key segments: (i) network support services, which mainly cover network infrastructure design, hardware installation, network management, and security services; (ii) network connectivity services, providing intranet and internet connection solutions along with value-added services; (iii) e-commerce services; and (iv) online gaming intellectual property (IP) licensing and management services.
The board believes that the proposed name change will more accurately reflect the group's strategic transformation and core business restructuring, establishing a new corporate identity aligned with its actual operations while capitalizing on emerging industry opportunities.