Agroz Inc. Restructures Share Capital and Redesignates Ordinary Shares

The company’s updated articles facilitate a new dual-class share structure and a significant expansion of authorized share capital. Agroz, which specializes in vertical farming technology, has increased its total authorized capital to 1,000,000,000 Class A Ordinary Shares, alongside 5,000,000 Class B Ordinary Shares and 15,000,000 Redeemable Convertible Preference Shares. This restructuring was achieved by re-designating 100,000,000 existing ordinary shares and creating an additional 900,000,000 Class A and 5,000,000 Class B shares. Based in Kuala Lumpur, the firm continues to develop its proprietary Agroz OS, an automated hardware and software platform designed to manage indoor and outdoor Controlled Environment Agriculture operations. The company maintains that its vertical farm systems provide a competitive edge in delivering pesticide-free produce directly to local markets.