Chinney Kin Wing’s Loan Deal Wins Shareholder Approval

Chinney Kin Wing Holdings Limited (HK:1556) has released an update.

Chinney Kin Wing Holdings Limited is pleased to announce that the loan agreement and related transactions were approved by a majority of independent shareholders at the Special General Meeting held on September 25, 2024. The resolution passed with over 94% of votes in favor, despite abstention from voting by connected persons holding approximately 74.5% of issued shares for reasons of good corporate governance. The company’s board and independent non-executive directors presided over the meeting, which underscores the company’s commitment to transparency and shareholder democracy.

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