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Kerry Properties Proposes Bye-law Amendments for Enhanced Flexibility

Story Highlights
  • Kerry Properties plans to amend its bye-laws to align with updated Hong Kong Stock Exchange rules.
  • The amendments will enable treasury share acquisitions and electronic communications, pending shareholder approval.
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Kerry Properties Proposes Bye-law Amendments for Enhanced Flexibility

Kerry Properties ( (HK:0683) ) has issued an announcement.

Kerry Properties Limited has announced proposed amendments to its existing bye-laws, aiming to align with recent changes in the Hong Kong Stock Exchange’s Listing Rules. These amendments will allow the company to acquire shares as treasury shares and facilitate electronic corporate communications. The changes are subject to shareholder approval at the upcoming annual general meeting in May 2025.

More about Kerry Properties

Kerry Properties Limited is a company involved in the real estate industry, focusing on property development and investment. The company operates primarily in Hong Kong and Mainland China, offering a range of residential, commercial, and mixed-use properties.

YTD Price Performance: 37.28%

Average Trading Volume: 8,427

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.45B

For a thorough assessment of 0683 stock, go to TipRanks’ Stock Analysis page.

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