Starbox Group Holdings Ltd. Shareholder Meeting Approves Resolutions

TL;DR

Starbox shareholders met Oct 23, approved key resolutions. Details on 870,2... authorized.

AI Summary

Starbox Group Holdings Ltd. held an Extraordinary General Meeting of Shareholders on October 23, 2024, where shareholders approved resolutions. Specifically, Resolution No. 1, an ordinary resolution, authorized actions related to 870,2...

Why It Matters

Shareholder approval of resolutions at an extraordinary general meeting is a key step in corporate governance, potentially impacting the company's strategic direction and operations.

Risk Assessment

Risk Level: low — This filing is a routine report of shareholder meeting outcomes and does not introduce new financial risks.

Key Numbers

• 870,2 — Number of Shares/Units (This number is associated with an ordinary resolution approved by shareholders, indicating a significant corporate action.)

Key Players & Entities

• Starbox Group Holdings Ltd. (company) — Filer of the report and subject of the shareholder meeting.
• October 23, 2024 (date) — Date of the Extraordinary General Meeting of Shareholders.
• 870,2 (dollar_amount) — Part of the resolution approved by shareholders.

FAQ

Key Financial Figures

• $0.001125 — s A ordinary shares in the Company of US$0.001125 par value (including all issued Class A
• $0.018 — to (y) 54,387,500 ordinary shares of US$0.018 par value each (the “Class A Ordi
• $999,000 — Capital Increase”) from: (a) US$999,000 divided into 55,500,000 shares comprisi
• $9,990,000 — erred Share Consolidation); to (b) US$9,990,000 divided into 555,000,000 shares compris

Filing Documents

• form6-k.htm (6-K) — 34KB
• 0001493152-24-042235.txt ( ) — 35KB

From the Filing

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of October 2024 Commission File Number: 001-41480 Starbox Group Holdings Ltd. VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, 55100 Kuala Lumpur, Malaysia (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F Results of Starbox Group Holdings Ltd.’s Extraordinary General Meeting of Shareholders At an extraordinary general meeting of shareholders (the “Meeting”) of Starbox Group Holdings Ltd. (the “Company”) held on October 23, 2024, at 8:30 a.m., Eastern Time, the shareholders of the Company approved and adopted resolutions authorizing the following: 1. As an ordinary resolution (“Resolution No.1”): (a) each of the 870,200,000 authorized Class A ordinary shares in the Company of US$0.001125 par value (including all issued Class A ordinary shares and any unissued Class A ordinary shares) each be consolidated on a 16:1 basis, such that the Company’s authorized Class A ordinary shares be consolidated from (x) 870,200,000 Class A ordinary shares of US$0.001125 par value each to (y) 54,387,500 ordinary shares of US$0.018 par value each (the “Class A Ordinary Share Consolidation”); (b) each of the 12,800,000 authorized Class B ordinary shares in the Company of US$0.001125 par value (including all issued Class B ordinary shares and any unissued Class B ordinary shares) each be consolidated on a 16:1 basis, such that the Company’s authorized Class B ordinary shares be consolidated from (x) 12,800,000 Class B ordinary shares of US$0.001125 par value each to (y) 800,000 ordinary shares of US$0.018 par value each (the “Class B Ordinary Share Consolidation”); and (c) each of the 5,000,000 authorized and unissued preferred shares in the Company of US$0.001125 par value each be consolidated on a 16:1 basis, such that the Company’s unissued preferred shares be consolidated from (x) 5,000,000 preferred shares of US$0.001125 par value each to (y) 312,500 preferred shares of US$0.018 par value each (the “Preferred Share Consolidation”), (together, the “Share Consolidation”). 2. As an ordinary resolution (“Resolution No.2”) that, with effect immediately following the Share Consolidation, the Company’s authorized share capital be increased (the “Share Capital Increase”) from: (a) US$999,000 divided into 55,500,000 shares comprising: (i) 54,387,500 Class A ordinary shares of US$0.018 par value each (after the Class A Ordinary Share Consolidation); (ii) 800,000 Class B ordinary shares of US$0.018 par value each (after the Class B Ordinary Share Consolidation); and (iii) 312,500 preferred shares of US$0.018 par value each (after the Preferred Share Consolidation); to (b) US$9,990,000 divided into 555,000,000 shares comprising: (i) 543,875,000 Class A ordinary shares of US$0.018 par value each; (ii) 8,000,000 Class B ordinary shares of US$0.018 par value each; and (iii) 3,125,000 preferred shares of US$0.018 par value each. 3. As a special resolution (“Resolution No.3”) that, with effect immediately following the Share Consolidation and the Share Capital Increase: (a) the memorandum of association of the Company be amended and restated by the deletion of the existing memorandum of association in its entirety and the substitution in its place of the amended and restated memorandum of association in the form set out in Appendix A to the notice of the Meeting; and (b) the articles of association of the Company be amended and restated by the deletion of the existing articles of association in their entirety and the substitution in their place of the amended and restated articles of association in the form set out in Appendix A to the notice of the Meeting. A total of 1,377,090,275 votes, representing 84.86% of the votes exercisable as of September 9, 2024, the record date, were present in person or by proxy at the extraordinary general meeting of shareholders. The results of the votes were as follows: Resolution For Against Abstain Resolution No. 1 1,376,824,825 264,599 851 Resolution No. 2 1,376,847,328 241,895 1,052 Resolution No. 3 1,376,788,392 298,821 3,062 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Starbox Group Holdings Ltd. Date: October 23, 2024 By: /s/ Lee Choon Wooi Name: Lee Choon Wooi Title: Chief Executive Officer 3

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