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China Maple Leaf Passes Key Corporate Resolution

China Maple Leaf Passes Key Corporate Resolution

China Maple Leaf Educational Systems (DE:CML1) has released an update.

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China Maple Leaf Educational Systems Limited announced that the special resolution regarding the adoption of new amended and restated memorandum and articles of association was overwhelmingly passed by shareholders at the extraordinary general meeting on August 28, 2024. The resolution received a near-unanimous approval, with 99.99% votes in favor, reflecting strong shareholder support for the corporate governance changes. This move is expected to have immediate effect, signifying a pivotal development in the company’s governance structure.

For further insights into DE:CML1 stock, check out TipRanks’ Stock Analysis page.

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