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An announcement from Horizon Construction Development Limited ( (HK:9930) ) is now available.
Horizon Construction Development Limited plans to overhaul its constitutional documents by replacing its existing memorandum and articles of association with a new, fifth amended and restated version. The move is designed to modernise shareholder communications, corporate actions and governance procedures in line with Cayman Islands law and Hong Kong listing requirements.
The proposed changes would allow the company to serve notices, execute proxies, conduct general meetings and handle corporate action proceeds via electronic means, including fully virtual or hybrid shareholder meetings. The amendments will only take effect if approved by a special resolution at the company’s annual general meeting scheduled for 9 June 2026, after which a detailed circular will be released to investors.
The most recent analyst rating on (HK:9930) stock is a Hold with a HK$0.98 price target. To see the full list of analyst forecasts on Horizon Construction Development Limited stock, see the HK:9930 Stock Forecast page.
More about Horizon Construction Development Limited
Horizon Construction Development Limited is a Hong Kong-listed company incorporated in the Cayman Islands and engaged in the construction and development sector. The group is overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical governance structure for a listed construction-related business.
Average Trading Volume: 327,042
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.97B
Learn more about 9930 stock on TipRanks’ Stock Analysis page.