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FriendTimes Inc. ( (HK:6820) ) has issued an announcement.
FriendTimes Inc. has called its annual general meeting for 12 May 2026 in Suzhou, where shareholders will review the audited financial statements for the year ended 31 December 2025 and consider a proposed final dividend of HK2 cents per share. The meeting will also vote on the re-election of directors, re-appointment of KPMG as auditor, and the renewal of a general mandate allowing the board to issue up to 20% of the company’s share capital, a move that preserves capital-raising flexibility and could influence future dilution and governance dynamics for investors.
If approved, the director re-elections and remuneration authorisation will reinforce the existing leadership structure and compensation framework, while re-appointing KPMG provides continuity in financial oversight. The refreshed share issuance mandate, subject to Hong Kong listing rules, positions FriendTimes to respond quickly to funding or strategic needs through equity or convertible instruments, underscoring the board’s focus on maintaining financial optionality in a competitive gaming industry landscape.
More about FriendTimes Inc.
FriendTimes Inc., incorporated in the Cayman Islands and listed in Hong Kong, operates in the digital entertainment and gaming sector. The company focuses on developing and publishing online games, with a core market presence in mainland China, and is headquartered in Suzhou Industrial Park, Jiangsu Province.
Average Trading Volume: 722,807
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.06B
Learn more about 6820 stock on TipRanks’ Stock Analysis page.