ESGL Holdings Ltd. held an extraordinary general meeting on June 10, 2025. Shareholders approved several key proposals. The increase in authorized share capital was approved, allowing for an expansion from 500,000,000 shares to 3,000,000,000 shares. The share capital consolidation proposal was also approved, consolidating 3,000,000,000 ordinary shares into 1,000,000,000 shares. Additionally, the proposal to change the company's name to "OIO Group" received approval. Finally, an amendment to the company's memorandum and articles of association was approved, contingent upon the passage of the previous proposals.
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