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Damai Entertainment Successfully Concludes Postponed AGM with Key Resolutions Passed

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Damai Entertainment Successfully Concludes Postponed AGM with Key Resolutions Passed

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The latest update is out from Alibaba Pictures Group Limited ( (HK:1060) ).

Damai Entertainment Holdings Limited, formerly known as Alibaba Pictures Group Limited, announced the successful passing of all resolutions at its postponed Annual General Meeting held on August 15, 2025. Key resolutions included the adoption of financial statements, re-election of directors, re-appointment of auditors, and granting of mandates for share issuance and buy-backs. These decisions are expected to strengthen the company’s governance and operational capabilities, potentially enhancing its market position and shareholder value.

The most recent analyst rating on (HK:1060) stock is a Buy with a HK$0.55 price target. To see the full list of analyst forecasts on Alibaba Pictures Group Limited stock, see the HK:1060 Stock Forecast page.

More about Alibaba Pictures Group Limited

Average Trading Volume: 507,985,165

Technical Sentiment Signal: Buy

Current Market Cap: HK$36.15B

See more data about 1060 stock on TipRanks’ Stock Analysis page.

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