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Hong Lai Huat Details Poll-Based Voting and Proxy Arrangements at 2025 EGM

Story Highlights
  • Hong Lai Huat held its 2025 extraordinary general meeting with a proper quorum present.
  • The company adopted SGX-compliant poll voting with verified proxy instructions to the chairman.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hong Lai Huat Details Poll-Based Voting and Proxy Arrangements at 2025 EGM

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Hong Lai Huat Group Limited ( (SG:CTO) ) just unveiled an announcement.

Hong Lai Huat Group Limited convened an Extraordinary General Meeting (EGM) on 24 November 2025 at Raffles Town Club in Singapore, with a valid quorum of shareholders present and its board and key officers in attendance, including one independent director participating via Zoom. The company confirmed that the resolution at the EGM would be decided by poll voting in line with Singapore Exchange requirements, appointing B.A.C.S. Private Limited as polling agent and CACS Corporate Advisory Pte. Ltd. as scrutineer, and noted that the chairman had been designated as proxy for numerous shareholders, voting in accordance with their verified instructions, underscoring the group’s adherence to formal corporate governance and shareholder engagement processes.

The most recent analyst rating on (SG:CTO) stock is a Hold with a S$0.08 price target. To see the full list of analyst forecasts on Hong Lai Huat Group Limited stock, see the SG:CTO Stock Forecast page.

More about Hong Lai Huat Group Limited

Hong Lai Huat Group Limited is a Singapore-incorporated company, with its board comprising executive and independent directors, including a Group CEO and Group Financial Controller, and is listed on the Singapore Exchange, where it is subject to SGX rules governing shareholder meetings and polling procedures.

Average Trading Volume: 5,453,325

Technical Sentiment Signal: Buy

Current Market Cap: S$39.99M

For a thorough assessment of CTO stock, go to TipRanks’ Stock Analysis page.

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