DirectBooking Technology Co Ltd surges amid sector rotation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 19 2026
0mins
DirectBooking Technology Co Ltd's stock price surged by 46.21% in pre-market trading as it crossed above its 5-day SMA, indicating strong investor interest.
The significant price increase comes amid sector rotation, as investors shift their focus towards technology stocks despite the overall decline in the Nasdaq-100 and S&P 500 indices. This shift suggests a growing confidence in the technology sector, particularly for companies like DirectBooking Technology Co Ltd that are showing strong performance.
This movement could indicate a potential trend reversal for DirectBooking Technology Co Ltd, as investors may be looking for growth opportunities in the tech space, especially in light of the broader market's recent struggles.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ZDAI?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ZDAI
About ZDAI
DirectBooking Technology Co Ltd, formerly known as Primega Group Holdings Ltd, is an investment holding company mainly engaged in the provision of transportation and construction engineering services. The Company operates its business through two segments. The Soil and Rock Transportation segment is mainly engaged in the handling, loading and transportation of excavated materials such as soil and rocks. The Miscellaneous Construction Works segment is mainly engaged in the construction works business, which mainly includes excavation and lateral support (ELS) works and bored piling. Additionally, the Company is engaged in the trading of diesel oil.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
DirectBooking Shareholders Approve Six Resolutions for Major Capital Expansion
- Capital Expansion Plan: DirectBooking's shareholders approved a resolution to increase the authorized share capital from $250,000 to $40 million, creating 4.65 billion Class A and 37.5 million Class B ordinary shares, significantly strengthening the company's capital base to support future expansion.
- Share Capital Subdivision Mechanism: Should the company's stock price exceed $100, the Board is authorized to effect a share subdivision at a ratio between 1:2 and 1:100, aimed at enhancing shareholder value and improving market liquidity, reflecting the company's positive outlook on stock performance.
- Voting Rights Enhancement: Shareholders resolved to increase the voting rights of Class B ordinary shares from 50 votes to 100 votes per share, effectively amplifying the influence of Class B shareholders in corporate decisions, which aims to attract more high-vote investors and strengthen corporate governance.
- Share Repurchase and Issuance: Shareholders consented to the repurchase of 395,834 Class A ordinary shares in exchange for an equal number of Class B ordinary shares, which not only maintains Fortiwealth's total shareholding but also converts part of its holdings into high-vote shares, further optimizing the shareholder structure.
See More
DirectBooking Technology Regains Nasdaq Compliance
- Compliance Restoration: DirectBooking Technology announced it has regained compliance with Nasdaq's minimum bid price requirement, as its ordinary shares closed at or above $1.00 for 10 consecutive trading days from February 19 to March 4, indicating stability in stock price and restored market confidence.
- Notification Context: The company was notified of the bid price deficiency on March 12, 2025, and after efforts to regain compliance, Nasdaq has confirmed that the matter is now closed, reflecting a restoration of the company's credibility among shareholders and the market.
- Market Reaction: Following the compliance restoration announcement, DirectBooking's stock price rose by 0.22% in premarket trading to $4.49, reflecting investor optimism regarding the company's future prospects.
- Strategic Implications: Regaining Nasdaq compliance not only enhances the company's image but may also attract more investor attention, thereby laying the groundwork for future capital operations and business expansion.
See More
DirectBooking Technology Regains Nasdaq Compliance
- Compliance Restoration: DirectBooking Technology received formal notification from Nasdaq on March 5, 2026, confirming that its ordinary shares maintained a closing bid price of $1.00 or above for ten consecutive business days, thereby regaining compliance with Nasdaq Listing Rule 5550(a)(2), which signifies progress in shareholder confidence and strategic execution.
- Stock Performance: The company's ordinary shares sustained a closing price of $1.00 or greater from February 19 to March 4, 2026, successfully addressing the prior bid price deficiency first notified on March 12, 2025, indicating strong market confidence in the company's future prospects.
- Management Statement: CEO and Chairman Tan Yu stated that regaining compliance reflects the company's progress in executing its strategic vision and reinforces shareholder trust, further enhancing its market position in the construction industry.
- Business Background: DirectBooking Technology, through its Hong Kong subsidiary Primega Construction Engineering, provides environmentally friendly transportation services focused on the construction industry, aiming to reduce construction waste and promote the reuse of construction and demolition materials, demonstrating its commitment to sustainability.
See More
DirectBooking Technology Partners with DeepYou for AI Hotel Booking Platform
- Strategic Cooperation Agreement: DirectBooking Technology has signed a strategic cooperation framework agreement with DeepYou Digital Technology, aiming to jointly invest in a new venture to create a next-generation AI-native hotel booking platform, thereby reshaping the travel and hospitality ecosystem and driving high-quality industry development.
- Technological Integration: DeepYou's expertise in digitalization and AI innovation in the cultural tourism sector will combine with DirectBooking's hotel digital supply chain technologies, utilizing AI capabilities like natural language interaction and intelligent recommendations to enhance user booking experiences and shift towards proactive service.
- Market Coverage Goal: The partners have set a three-year strategic goal to cover 100,000 hotels with the AI hotel booking platform, aiming to break traditional OTA channel monopolies, promote fair market competition, and reshape value distribution across the industry.
- Enhanced User Experience: The new platform will provide users with an efficient, transparent, and personalized one-stop booking experience, eliminating cumbersome price comparisons and algorithmic discrimination, while driving simultaneous growth in hotel revenue and brand reputation, facilitating the industry's transformation towards digitalization and intelligence.
See More
DirectBooking (ZDAI) Optimizes Capital Structure Through Share Capital Changes
- Share Capital Changes Approved: DirectBooking's AGM approved an increase in authorized share capital from $50,000 to $250,000, creating 4 billion Class A and 1 billion Class B ordinary shares, aimed at enhancing the company's capital flexibility and governance structure.
- Successful AGM: On December 14, 2025, DirectBooking successfully convened its AGM, with all proposals passed, indicating shareholder support for the company's future strategy, which will aid in advancing its transformation plans.
- Share Consolidation Plan: The company plans to implement a share consolidation within the next year, merging every thousand Class A and B ordinary shares into one share, aimed at increasing per-share value and optimizing shareholder structure to enhance market appeal.
- Technical Amendments Approved: Shareholders also approved technical amendments to the company's articles, ensuring modernization of governance structures post-capital changes, further supporting the company's long-term goal of empowering traditional industries through technology.
See More
DirectBooking (ZDAI) Optimizes Capital Structure Through Share Capital Changes
- Share Capital Changes Approved: DirectBooking convened its AGM on December 14, 2025, where shareholders approved increasing authorized share capital from $50,000 to $250,000, creating 4 billion Class A and 1 billion Class B shares, aimed at enhancing capital flexibility and governance structure.
- Governance Structure Optimization: Shareholders approved the adoption of the Second Amended and Restated Memorandum and Articles of Association to modernize governance post-share capital changes, enhancing transparency and compliance.
- Share Consolidation Plan: The company plans to implement a share consolidation within one year, merging every thousand Class A and B shares into one, aimed at increasing per-share value and simplifying shareholder structure to enhance market appeal.
- Strategic Development Foundation: The approval of all resolutions lays a crucial foundation for optimizing the company's capital structure, supporting its transformation plans to empower traditional industries through technology and achieve long-term growth objectives.
See More
DirectBooking Shareholders Approve Six Resolutions for Major Capital Expansion
- Capital Expansion Plan: DirectBooking's shareholders approved a resolution to increase the authorized share capital from $250,000 to $40 million, creating 4.65 billion Class A and 37.5 million Class B ordinary shares, significantly strengthening the company's capital base to support future expansion.
- Share Capital Subdivision Mechanism: Should the company's stock price exceed $100, the Board is authorized to effect a share subdivision at a ratio between 1:2 and 1:100, aimed at enhancing shareholder value and improving market liquidity, reflecting the company's positive outlook on stock performance.
- Voting Rights Enhancement: Shareholders resolved to increase the voting rights of Class B ordinary shares from 50 votes to 100 votes per share, effectively amplifying the influence of Class B shareholders in corporate decisions, which aims to attract more high-vote investors and strengthen corporate governance.
- Share Repurchase and Issuance: Shareholders consented to the repurchase of 395,834 Class A ordinary shares in exchange for an equal number of Class B ordinary shares, which not only maintains Fortiwealth's total shareholding but also converts part of its holdings into high-vote shares, further optimizing the shareholder structure.
See More
DirectBooking Technology Regains Nasdaq Compliance
- Compliance Restoration: DirectBooking Technology announced it has regained compliance with Nasdaq's minimum bid price requirement, as its ordinary shares closed at or above $1.00 for 10 consecutive trading days from February 19 to March 4, indicating stability in stock price and restored market confidence.
- Notification Context: The company was notified of the bid price deficiency on March 12, 2025, and after efforts to regain compliance, Nasdaq has confirmed that the matter is now closed, reflecting a restoration of the company's credibility among shareholders and the market.
- Market Reaction: Following the compliance restoration announcement, DirectBooking's stock price rose by 0.22% in premarket trading to $4.49, reflecting investor optimism regarding the company's future prospects.
- Strategic Implications: Regaining Nasdaq compliance not only enhances the company's image but may also attract more investor attention, thereby laying the groundwork for future capital operations and business expansion.
See More
DirectBooking Technology Regains Nasdaq Compliance
- Compliance Restoration: DirectBooking Technology received formal notification from Nasdaq on March 5, 2026, confirming that its ordinary shares maintained a closing bid price of $1.00 or above for ten consecutive business days, thereby regaining compliance with Nasdaq Listing Rule 5550(a)(2), which signifies progress in shareholder confidence and strategic execution.
- Stock Performance: The company's ordinary shares sustained a closing price of $1.00 or greater from February 19 to March 4, 2026, successfully addressing the prior bid price deficiency first notified on March 12, 2025, indicating strong market confidence in the company's future prospects.
- Management Statement: CEO and Chairman Tan Yu stated that regaining compliance reflects the company's progress in executing its strategic vision and reinforces shareholder trust, further enhancing its market position in the construction industry.
- Business Background: DirectBooking Technology, through its Hong Kong subsidiary Primega Construction Engineering, provides environmentally friendly transportation services focused on the construction industry, aiming to reduce construction waste and promote the reuse of construction and demolition materials, demonstrating its commitment to sustainability.
See More
DirectBooking Technology Partners with DeepYou for AI Hotel Booking Platform
- Strategic Cooperation Agreement: DirectBooking Technology has signed a strategic cooperation framework agreement with DeepYou Digital Technology, aiming to jointly invest in a new venture to create a next-generation AI-native hotel booking platform, thereby reshaping the travel and hospitality ecosystem and driving high-quality industry development.
- Technological Integration: DeepYou's expertise in digitalization and AI innovation in the cultural tourism sector will combine with DirectBooking's hotel digital supply chain technologies, utilizing AI capabilities like natural language interaction and intelligent recommendations to enhance user booking experiences and shift towards proactive service.
- Market Coverage Goal: The partners have set a three-year strategic goal to cover 100,000 hotels with the AI hotel booking platform, aiming to break traditional OTA channel monopolies, promote fair market competition, and reshape value distribution across the industry.
- Enhanced User Experience: The new platform will provide users with an efficient, transparent, and personalized one-stop booking experience, eliminating cumbersome price comparisons and algorithmic discrimination, while driving simultaneous growth in hotel revenue and brand reputation, facilitating the industry's transformation towards digitalization and intelligence.
See More
DirectBooking (ZDAI) Optimizes Capital Structure Through Share Capital Changes
- Share Capital Changes Approved: DirectBooking's AGM approved an increase in authorized share capital from $50,000 to $250,000, creating 4 billion Class A and 1 billion Class B ordinary shares, aimed at enhancing the company's capital flexibility and governance structure.
- Successful AGM: On December 14, 2025, DirectBooking successfully convened its AGM, with all proposals passed, indicating shareholder support for the company's future strategy, which will aid in advancing its transformation plans.
- Share Consolidation Plan: The company plans to implement a share consolidation within the next year, merging every thousand Class A and B ordinary shares into one share, aimed at increasing per-share value and optimizing shareholder structure to enhance market appeal.
- Technical Amendments Approved: Shareholders also approved technical amendments to the company's articles, ensuring modernization of governance structures post-capital changes, further supporting the company's long-term goal of empowering traditional industries through technology.
See More
DirectBooking (ZDAI) Optimizes Capital Structure Through Share Capital Changes
- Share Capital Changes Approved: DirectBooking convened its AGM on December 14, 2025, where shareholders approved increasing authorized share capital from $50,000 to $250,000, creating 4 billion Class A and 1 billion Class B shares, aimed at enhancing capital flexibility and governance structure.
- Governance Structure Optimization: Shareholders approved the adoption of the Second Amended and Restated Memorandum and Articles of Association to modernize governance post-share capital changes, enhancing transparency and compliance.
- Share Consolidation Plan: The company plans to implement a share consolidation within one year, merging every thousand Class A and B shares into one, aimed at increasing per-share value and simplifying shareholder structure to enhance market appeal.
- Strategic Development Foundation: The approval of all resolutions lays a crucial foundation for optimizing the company's capital structure, supporting its transformation plans to empower traditional industries through technology and achieve long-term growth objectives.
See More
