DEF 14C: Greenpro Capital Corp. Annual Meeting & Governance Update

Greenpro Capital Corp. announces its annual meeting on November 26, 2025, for informational purposes, with key corporate actions already approved by majority stockholder consent.

Summary

• An Annual Meeting of Stockholders is scheduled for November 26, 2025, at 9:00 a.m. local time at the Company's principal executive offices in Kuala Lumpur, Malaysia.
• No matters will be submitted to a vote at the Annual Meeting; it is being held solely for informational purposes to comply with Nasdaq Listing Rule 5620(a).
• Corporate actions, including the re-election of current directors and the ratification of SFAI Malaysia PLT as the independent registered public accounting firm for the fiscal year ending December 31, 2025, were approved by written consent of stockholders holding a majority of the Company's outstanding common stock on October 22, 2025.
• As of October 22, 2025, the Company had 8,375,813 shares of common stock outstanding.
• Stockholders holding 4,221,951 shares, representing 50.41% of the outstanding common stock, approved these actions via a single written consent.
• The record date for determining stockholders entitled to receive this Information Statement was October 28, 2025.
• The Information Statement, including the Notice of Annual Meeting, will be mailed to stockholders on or about November 6, 2025.

Sentiment

Score: 5

Explanation: The filing is a routine corporate governance disclosure, indicating stability and compliance with regulatory requirements without presenting significant positive or negative financial news.

Positives

• The Company is holding an annual meeting to comply with Nasdaq Listing Rule 5620(a), promoting transparency and stockholder engagement.
• The re-election of current directors ensures continuity in leadership and corporate strategy.
• The ratification of SFAI Malaysia PLT as the independent auditor for fiscal year 2025 demonstrates a commitment to robust financial oversight and compliance.
• The Board of Directors includes four independent directors, meeting Nasdaq independence requirements, which strengthens corporate governance.

Risks

• Forward-looking statements contained in this Information Statement involve risks and uncertainties, and actual results could differ materially due to factors discussed in the Company's Annual Report on Form 10-K filed with the SEC on April 9, 2025.

Future Outlook

The Annual Meeting will include reports from management regarding the Company's operations and financial results, updates on ongoing strategic initiatives, and a discussion of the Company's outlook for the coming year. This provides an opportunity for management to communicate directly with stockholders regarding its financial condition, strategy, and future prospects.

Management Comments

• The purpose of the meeting is to provide stockholders with an opportunity to receive information about the Company’s operations and performance, review recent business developments, and discuss the Company’s strategic direction with management.
• This approach promotes transparency, accountability, and compliance with Nasdaq’s corporate-governance requirements.

Industry Context

This filing is a standard corporate governance disclosure for a Nasdaq-listed company, fulfilling regulatory requirements for annual meetings and informing shareholders of actions taken by written consent. It reflects a commitment to transparency and compliance within the financial reporting and corporate governance landscape, which is crucial for maintaining investor confidence and market integrity in the broader industry.

Comparison to Industry Standards

• The company's practice of holding an annual meeting for informational purposes, even when no votes are taken, aligns with Nasdaq Listing Rule 5620(a), demonstrating adherence to standard corporate governance practices for publicly traded companies.
• The board composition, with four out of seven directors being independent, meets Nasdaq Listing Rule 5605(a)(2) and Rule 10A-3(b)(1) under the Exchange Act, which is a common standard for good corporate governance among listed entities.
• The establishment of Audit, Compensation, and Nominating and Corporate Governance Committees, with independent directors chairing and comprising these committees, is consistent with best practices for corporate oversight and accountability, similar to other publicly traded companies.

Management Changes

Corporate Governance

Related Party Transactions

• Employment agreements and compensation for Chief Executive Officer Lee Chong Kuang and Chief Financial Officer Loke Che Chan Gilbert.
• Shares held by Mr. Lee, Chong Kuang (20.76%) and his spouse, Ms. Yap, Pei Ling (1.98%), who is a director of two subsidiaries, totaling 22.74% of outstanding shares.
• Shares held by Mr. Loke, Che Chan Gilbert (12.72%) and his sons, Loke Sebastian Mun Foo and Loke Mun Hang Conrad, totaling 16.56% of outstanding shares.
• Ms. Yap, Pei Ling, spouse of Mr. Lee, Chong Kuang, is a shareholder of the Company and a director of two subsidiaries (Asia UBS Global Limited (Belize) and Asia UBS Global Limited (Hong Kong)).
• Ms. Chen, Yan Hong, is a shareholder of the Company and a director of five subsidiaries (Greenpro Management Consultancy Limited, Shenzhen Falcon Financial Consulting Limited, Falcon Corporate Services Limited, Falcon Accounting & Secretaries Limited, and Greenpro Financial Consulting (Shenzhen) Limited).

Stakeholder Impact

• **Shareholders**: Provided with information regarding corporate actions and an opportunity to engage with management at the Annual Meeting, even without voting, fostering transparency.
• **Management/Directors**: Re-elected for additional terms, ensuring continuity in their roles and strategic direction.
• **Auditors**: SFAI Malaysia PLT ratified as the independent auditor for the upcoming fiscal year, ensuring continued independent financial review.
• **Employees**: Continuity of executive leadership through re-elected officers and directors may provide stability.

Next Steps

• The deadline for submitting stockholder proposals for the 2026 Annual Meeting will be announced in future SEC filings.
• Management will provide updates on the Company's financial performance, business operations, and strategy at the Annual Meeting.
• An open question-and-answer session will be held at the Annual Meeting to allow stockholders to engage directly with management.

Key Dates

Keywords

Greenpro Capital Corp, SEC filing, DEF 14C, annual meeting, corporate governance, director election, independent auditor, SFAI Malaysia PLT, Nasdaq compliance, stockholder consent, executive compensation, beneficial ownership