Global Bio-chem Technology Group Co. Ltd. (HK:0809) has released an update.
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Global Bio-chem Technology Group Co. Ltd. has announced an extraordinary general meeting to be held in Hong Kong on October 25, 2024, to vote on proposed amendments to the company’s articles of association and consider revoking the current mandate regarding the issue of shares. The meeting will also cover the granting of a new general mandate to the Directors for dealing with the company’s unissued shares and convertible securities. These corporate actions are subject to approval by the shareholders and are aimed at aligning the company’s governance with current regulations and strategic objectives.
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