Johnson Electric Holdings (HK:0179) has released an update.
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At Johnson Electric Holdings’ Annual General Meeting on July 12, 2024, shareholders approved all proposed resolutions including the adoption of financial statements, declaration of a final dividend, and re-election of directors. Additionally, Joseph Yam retired as an Independent Non-Executive Director, and the company acknowledged his contributions during his tenure. The company also received a mandate to issue and buy back shares, with over 78% approval for the issuance of new shares and similar support for share buybacks.
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