# BUUU Group Limited Announces 10-for-1 Forward Share Split

- Link: https://www.thailand-business-news.com/pr-news/buuu-group-limited-announces-10-for-1-forward-share-split
- Published: 2026-10-17T03:30:00+07:00
- Author: PR Newswire

SINGAPORE, Oct. 17, 2026 /PRNewswire/ — BUUU Group Limited (Nasdaq: BUUU) ("BUUU"
or the "Company") today announced that its board of directors has approved a ten-
for-one (10-for-1) forward split of the Company’s ordinary shares, to be effected
by subdividing each of the Company’s issued and unissued Class A ordinary shares
and Class B ordinary shares into ten shares of the same class (the "Share Subdivision").
The Share Subdivision is intended to make the Company’s Class A ordinary shares 
more accessible to a broader base of investors and to enhance their trading liquidity.
Subject to processing by Nasdaq, the Class A ordinary shares are expected to begin
trading on a split-adjusted basis on the Nasdaq Capital Market at market open on
October 26, 2026, under the Company’s existing symbol "BUUU."

The Share Subdivision follows BUUU’s completion on September 15, 2026 of its acquisition
of a 60% equity interest in Brightray Science Inc., through which the Company has
established industrialized AI data center delivery as its core growth business.

**Details of the Share Subdivision**

**Key date. **The Class A ordinary shares are expected to begin trading on a split-
adjusted basis on the Nasdaq Capital Market at market open on October 26, 2026.

**Ratio and mechanics. **As a result of the Share Subdivision, each issued Class
A ordinary share and each issued Class B ordinary share will be automatically subdivided
into ten shares of the same class. As a result, each shareholder will hold ten shares
of the relevant class for every share held immediately before the Share Subdivision(
equivalent to nine additional shares for each share held). The Class A ordinary 
shares will continue to trade on the Nasdaq Capital Market under the symbol "BUUU."
The new CUSIP number of the Class A ordinary shares following the Share Subdivision
will be G1739L110.

**Authorized and outstanding shares. **In connection with the Share Subdivision,
the maximum number of shares the Company is authorized to issue will increase proportionately
from 500,000,000 shares of no par value, divided into 250,000,000 Class A ordinary
shares and 250,000,000 Class B ordinary shares, to 5,000,000,000 shares of no par
value, divided into 2,500,000,000 Class A ordinary shares and 2,500,000,000 Class
B ordinary shares.

**Rights and ownership unchanged. **The rights and restrictions attaching to each
class of shares will remain unchanged, including the voting rights of one vote per
Class A ordinary share and twenty votes per Class B ordinary share, and all shares
of each class resulting from the Share Subdivision will rank pari passu in all respects
with each other. The Share Subdivision will not change any shareholder’s percentage
ownership interest or voting power in the Company. No fractional shares will result
from the Share Subdivision.

**No action required unless you hold physical certificates. **No action is required
by shareholders. Shareholders who hold Class A ordinary shares through a bank, broker
or other nominee will have their positions automatically adjusted to reflect the
Share Subdivision, subject to their nominee’s particular processes. The Company’s
transfer agent, VStock Transfer, LLC ("VStock"), will update the holdings of registered
shareholders in book-entry form. Registered shareholders holding share certificates
will be asked to deliver a letter of transmittal to VStock to surrender their certificates
to VStock in exchange for the right to receive post-Share Subdivision ordinary shares
in electronic, book-entry form.

**Outstanding securities. **Proportionate adjustments will be made, to the extent
provided by their respective terms, to the number of Class A ordinary shares issuable
upon the exercise, conversion or settlement of, and to the exercise price or other
per-share terms of, the Company’s outstanding warrants and other securities exercisable
for, convertible into or settleable in Class A ordinary shares.

**Approval. **The Share Subdivision was approved by the Company’s board of directors
on September 28, 2026.

The Company will furnish a copy of this press release to the U.S. Securities and
Exchange Commission (the "SEC") on Form 6-K.

**About BUUU Group Limited**

BUUU Group Limited (Nasdaq: BUUU) has established industrialized AI data center 
delivery as its core growth business, operated through Brightray Science Inc., in
which BUUU acquired a controlling interest in September 2026. BUUU also provides
meetings, incentives, conferences and exhibitions (MICE) solutions, including event
management and stage production, for public institutions, agencies, real estate 
companies and established brands.

**Forward-Looking Statements**

This press release contains forward-looking statements within the meaning of Section
27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities
Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements can be identified by terminology such
as "may," "will," "would," "expect," "anticipate," "aim," "estimate," "intend," "
plan," "believe," "potential," "continue," "is/are likely to" and similar expressions.
Forward-looking statements include statements regarding the expected timing and 
effectiveness of the Share Subdivision, including the date on which the Class A 
ordinary shares are expected to begin trading on a split-adjusted basis; the intended
effects of the Share Subdivision, including on the accessibility and trading liquidity
of the Class A ordinary shares; and the Company’s business strategy and prospects.
Such statements are based on current expectations and assumptions and involve risks
and uncertainties, many of which are beyond the control of BUUU, that could cause
actual results to differ materially from those contained in the forward-looking 
statements. These risks and uncertainties include, but are not limited to: delays
in, or the failure to complete, the steps required to implement the Share Subdivision,
including registration of the amendment to the Company’s memorandum and articles
of association in the British Virgin Islands and processing by Nasdaq, The Depository
Trust Company, the Company’s transfer agent and brokers; the possibility that the
Share Subdivision does not achieve its intended effects, including any improvement
in trading liquidity or broadening of the Company’s investor base; the market price
and trading volume of the Class A ordinary shares following the Share Subdivision,
which may not adjust proportionately to the Share Subdivision, and the possibility
of increased volatility; the effect of a lower per-share trading price on the Company’s
continued compliance with Nasdaq listing requirements, including the minimum bid
price requirement; the integration of Brightray into BUUU; competition in the data
center industry; demand for AI computing infrastructure; changes in laws and regulations
affecting the data center and AI computing industries, including trade and export
control measures; and other risks described in BUUU’s filings with the SEC, including
its most recent annual report on Form 20-F. Forward-looking statements speak only
as of the date of this press release, and BUUU undertakes no obligation to update
any forward-looking statement, except as required by applicable law.

 

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