Primega Group Holdings Limited Receives Approval for Name Change to "DirectBooking Technology Co., Ltd." During Extraordinary General Meeting
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 11 2025
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Source: Newsfilter
Company Name Change: Primega Group Holdings Limited has received approval to change its English name to "DirectBooking Technology Co., Ltd." and adopt the Chinese name "直订科技有限公司," pending the Registrar of Companies in the Cayman Islands' approval.
Strategic Focus: The name change aligns with the company's goals of enhancing brand identity and promoting technological innovation in traditional industries, particularly in hospitality and retail, while aiming to create a digital ecosystem for the liquor industry.
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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 (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.
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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.
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