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Kwan Yong Wins Near-Unanimous Backing for All AGM Resolutions

Story Highlights
  • Shareholders overwhelmingly approved all ordinary resolutions at Kwan Yong’s 2025 AGM, including financial statements, dividend and board mandates.
  • Investors also passed a special resolution to adopt updated constitutional documents, reinforcing governance and capital management flexibility for the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kwan Yong Wins Near-Unanimous Backing for All AGM Resolutions

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Kwan Yong Holdings Limited ( (HK:9998) ) has issued an update.

Kwan Yong Holdings Limited has reported that all resolutions tabled at its 18 December 2025 annual general meeting in Singapore were approved by shareholders by overwhelming majorities. Investors backed the adoption of the audited financial statements for the year ended 30 June 2025, granted the board wide-ranging mandates to issue and repurchase shares, approved a final dividend of HK$0.02 per share, re-elected two executive directors and one independent non-executive director, authorised the board to set directors’ pay and re-appointed Ernst & Young LLP as auditor. Shareholders also passed a special resolution to adopt a third amended and restated memorandum and articles of association, giving the board a refreshed constitutional framework and broad authority to implement the changes, underscoring strong shareholder support for the company’s governance and capital management flexibility.

The most recent analyst rating on (HK:9998) stock is a Hold with a HK$0.40 price target. To see the full list of analyst forecasts on Kwan Yong Holdings Limited stock, see the HK:9998 Stock Forecast page.

More about Kwan Yong Holdings Limited

Average Trading Volume: 1,051,639

Technical Sentiment Signal: Buy

Current Market Cap: HK$304M

For an in-depth examination of 9998 stock, go to TipRanks’ Overview page.

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