Green International Holdings Limited (HK:2700) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Green International Holdings Limited has provided clarifications and supplemental information regarding its upcoming AGM, specifically addressing the treatment of shares under new Listing Rules. The company has amended parts of its AGM Circular to meet these rules and clarified that shares bought back are intended to be cancelled, not held as treasury shares, with the possibility of reevaluating this stance as market practices evolve. The Board is seeking shareholder approval for resolutions related to share issuance and the buy-back mandate in the upcoming meeting.
For further insights into HK:2700 stock, check out TipRanks’ Stock Analysis page.