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Lai Fung Wins Shareholder Backing for All AGM Resolutions, Securing Governance and Capital Mandates

Story Highlights
  • Shareholders approved all AGM resolutions, including accounts adoption and director re-elections, with strong majority support.
  • The company secured mandates for share buybacks and new share issuance and re-appointed Ernst & Young as auditor, bolstering financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lai Fung Wins Shareholder Backing for All AGM Resolutions, Securing Governance and Capital Mandates

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Lai Fung Holdings ( (HK:1125) ) just unveiled an announcement.

Lai Fung Holdings Limited reported that all resolutions proposed at its annual general meeting held on 19 December 2025 were duly approved by shareholders by way of poll, including the adoption of the audited financial statements for the year ended 31 July 2025 and the re-election of four directors, two executive and two independent non-executive, with overwhelming support. Shareholders also authorised the board to fix directors’ remuneration, confirmed the re-appointment of Ernst & Young as independent auditor despite a notable minority opposing vote, and granted the board general mandates to repurchase up to 10% of issued shares and to issue up to 20% new shares with an extension for repurchased shares, collectively reinforcing the company’s capital management flexibility and continuity in governance and oversight.

The most recent analyst rating on (HK:1125) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Lai Fung Holdings stock, see the HK:1125 Stock Forecast page.

More about Lai Fung Holdings

Lai Fung Holdings Limited is a Hong Kong-listed company (stock code: 1125). The announcement does not specify its industry or core business activities, but the company operates under Hong Kong’s corporate governance and listing framework, with a board comprising executive and independent non-executive directors and engagement with an international audit firm, Ernst & Young.

Average Trading Volume: 12,122

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$304.6M

For a thorough assessment of 1125 stock, go to TipRanks’ Stock Analysis page.

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