LEGEND UPSTAR (00459) to Cease Trading on March 24

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LEGEND UPSTAR (00459) has announced that at a court hearing held on Friday, February 20, 2026, the resolution to approve the scheme was passed by scheme shareholders who attended in person or by proxy and voted at the hearing. At an extraordinary general meeting held on the same day, a special resolution to approve the reduction of the company's issued share capital by canceling and eliminating the scheme shares, and an ordinary resolution to increase the number of issued shares in the company's share capital to the number prior to the cancellation and elimination of the scheme shares, and to use the credit generated in the company's books from the aforementioned capital reduction to allot and issue fully paid new shares of the same number and at par value as the scheme shares canceled and eliminated under the scheme to the offeror, were approved by shareholders who attended in person or by proxy and voted at the meeting. Subject to the scheme becoming effective, it is expected that the listing status of the shares on the Stock Exchange will be withdrawn with effect from 4:00 p.m. on Tuesday, March 24, 2026.

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