Top Standard Corporation (Stock Code: 8510) announced a proposal to seek shareholder approval for increasing its authorised share capital from HK$20,000,000, divided into 200,000,000 shares, to HK$40,000,000, divided into 400,000,000 shares. The proposal involves creating an additional 200,000,000 unissued shares, all of which would rank pari passu in every aspect.

According to the announcement, the proposed increase aims to accommodate the Group's growth and enhance flexibility for potential future fundraising. A circular detailing the proposal, along with information on an upcoming extraordinary general meeting, is scheduled for despatch to shareholders on or before 11 November 2025.

The announcement further states that the Board believes increasing the authorised share capital serves the best interests of both the Company and its shareholders. The current plan is subject to approval at the proposed extraordinary general meeting.