Bank of Qingdao Co., Ltd. Class H (HK:3866) has released an update.
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Bank of Qingdao Co., Ltd. recently announced the successful passage of a special resolution in their 2024 first extraordinary general meeting, with over two-thirds majority voting in favor. This resolution pertains to the proposed issuance quota of capital replenishment instruments, marking a significant move in the bank’s financial strategies. The meeting, which took place on October 14, 2024, saw a 62.45% turnout of shareholders voting both on-site and online.
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