Mirxes (2629) Extends Cornerstone Lock-Up Period and Announces Executive Director Change

Bulletin Express
2025/11/13

Mirxes Holding Company Limited (stock code: 2629) announced an extension of the lock-up period for its cornerstone investors. Originally set for six months from the listing date, the restriction will now last for nine months, concluding on February 23, 2026, instead of November 23, 2025. According to the announcement, the cornerstone investors volunteered to extend their lock-up due to confidence in the company’s long-term prospects and to align with market conditions and other pre-IPO investor arrangements.

In a separate development, the board reported that Mr. Ho Hou Chiat, Isaac will retire from his position as an executive director effective November 13, 2025. He will focus on regional strategic partnership opportunities in the ASEAN region, particularly in Malaysia and Indonesia. The role of Chief Investment Officer will be restructured internally as part of this transition. The board expressed appreciation for his contributions.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the company.

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