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Hengdeli Holdings Faces Shareholder Requisition for Director’s Removal

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Hengdeli Holdings Faces Shareholder Requisition for Director’s Removal

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The latest announcement is out from Hengdeli Holdings ( (HK:3389) ).

Hengdeli Holdings Limited has received a requisition from Empire Charm Limited, a shareholder owning at least one-tenth of the company’s issued share capital, to convene an extraordinary general meeting (EGM). The purpose of the EGM is to consider a resolution for the removal of Mr. Huang Yonghua as a director. The board is obligated to organize this meeting within two months of the requisition and will distribute a circular with details to shareholders. This development may impact the company’s governance structure and could have implications for its strategic direction.

More about Hengdeli Holdings

Average Trading Volume: 4,128,928

Technical Sentiment Signal: Hold

Current Market Cap: HK$563.7M

For detailed information about 3389 stock, go to TipRanks’ Stock Analysis page.

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