Kiu Hung to Vote on Major Share Placement

Kiu Hung International Holdings Limited (HK:0381) has released an update.

Kiu Hung International Holdings Limited has announced a special general meeting to be held on September 9, 2024, where shareholders will vote on a resolution to approve a placing agreement for issuing up to 470 million shares at HK$0.111 each. The meeting will also grant the company’s directors a specific mandate to allot and issue the Placing Shares in accordance with the agreement terms. Shareholders are encouraged to appoint proxies and return their proxy forms ahead of the meeting to participate in the crucial decision-making process.

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