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Sino Golf Holdings Limited ( (HK:0361) ) has issued an update.
Hanfort Development Holdings Limited plans to overhaul its corporate bye-laws, proposing a third amended and restated version that consolidates multiple changes to its existing governance framework. The move underscores the company’s effort to align with evolving market infrastructure and modern corporate practices in Hong Kong.
Key changes include allowing the company to hold repurchased shares in treasury rather than mandating cancellation, with flexibility to cancel, sell or transfer those treasury shares. The amendments also clarify electronic voting procedures at general meetings and accommodate the upcoming uncertificated securities market regime and issuer platform being introduced by the Hong Kong stock exchange.
The proposed bye-law amendments are subject to shareholder approval by special resolution at the annual general meeting scheduled for 25 June 2026. A detailed circular and AGM notice will be provided to shareholders, signaling that investor consent will be central to implementing these governance and capital-management enhancements.
More about Sino Golf Holdings Limited
Hanfort Development Holdings Limited, formerly known as Sino Golf Holdings Limited, is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 00361. The company operates under a board structure comprising executive, non-executive and independent non-executive directors, reflecting typical corporate governance standards for Hong Kong-listed issuers.
Average Trading Volume: 5,544,237
Technical Sentiment Signal: Sell
Current Market Cap: HK$321.8M
See more data about 0361 stock on TipRanks’ Stock Analysis page.