Hon Kwok Land Investment Co., Ltd. (HK:0160) has released an update.
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In the latest annual general meeting, Hon Kwok Land Investment Co., Ltd. announced that all resolutions were passed with overwhelming majority, including the approval of financial statements, the declaration of a final dividend, re-election of board members, and granting general mandates for the issuance and buyback of shares. Notably, the mandates allow for dealing with up to 20% of additional shares and buying back up to 10% of the company’s total issued shares.
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