Huishang Bank Urges Cautious AGM Voting

Huishang Bank (HK:3698) has released an update.

Huishang Bank Corporation Limited has announced its plans for the 2023 annual general meeting, highlighting two separate and contradictory resolutions regarding the bank’s profit distribution for 2023. Shareholders are advised to vote prudently on these resolutions as approving both could result in the inability to distribute dividends, while rejecting both would mean no final dividend distribution for the year. The bank emphasizes the importance of careful consideration to ensure the best interests of all parties and efficient decision-making.

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