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APAC Resources ( (HK:1104) ) has provided an update.
APAC Resources Limited has secured strong shareholder approval at its special general meeting on 8 January 2026 to change its domicile, adopt a new set of articles of association, and formalise a new Chinese name, signalling a significant corporate reorganisation of its legal and governance framework. Shareholders also overwhelmingly backed the elimination of the company’s contributed surplus balance by transferring it to the profit and loss appropriation account, a move that may provide greater flexibility in future capital management and distribution policies, while the near-unanimous voting support underlines investor alignment with the board’s restructuring strategy.
The most recent analyst rating on (HK:1104) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on APAC Resources stock, see the HK:1104 Stock Forecast page.
More about APAC Resources
APAC Resources Limited is a Hong Kong-listed investment holding company incorporated in Bermuda, with its shares traded on the Main Board of the Stock Exchange of Hong Kong. The company operates through a structure that involves shareholders across more than 1.47 billion issued shares and is subject to Hong Kong listing rules and corporate governance standards.
Average Trading Volume: 4,107,701
Technical Sentiment Signal: Buy
Current Market Cap: HK$4B
For an in-depth examination of 1104 stock, go to TipRanks’ Overview page.