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Crocodile Garments Limited ( (HK:0122) ) has issued an announcement.
Crocodile Garments Limited has called its 2026 annual general meeting for 27 May 2026 in Hong Kong, where shareholders will be asked to adopt the audited financial statements for the year ended 31 December 2025, re-elect two retiring directors, elect two new directors, and authorise the board to set directors’ remuneration. Investors will also vote on reappointing Ernst & Young as auditor and granting the board a general mandate to repurchase up to 10% of the company’s issued shares, a move that could provide capital management flexibility and signal confidence in the company’s valuation.
The share buy-back mandate, if approved, would allow management to adjust the capital structure in response to market conditions, potentially supporting the share price and earnings per share. The proposed board changes and auditor reappointment underscore continuity in governance while introducing new leadership, developments that may influence the company’s strategic direction and oversight in the coming year.
More about Crocodile Garments Limited
Crocodile Garments Limited is a Hong Kong-incorporated company listed on the Stock Exchange of Hong Kong. The group operates in the apparel and retail sector, focusing on branded garments and related products for the Hong Kong and broader regional markets.
Average Trading Volume: 24,499
Technical Sentiment Signal: Sell
Current Market Cap: HK$149.1M
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