Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Lee & Man Chemical Co. Ltd. ( (HK:0746) ) has provided an update.
Lee & Man Chemical reported that all ordinary resolutions at its 29 April 2026 annual general meeting were approved by poll, with 825 million shares eligible to vote and strong shareholder support across all items. Investors backed the adoption of the 2025 financial statements, a final dividend, director re-elections and remuneration arrangements, re-appointment of Deloitte as auditor, and a general mandate allowing the board to issue up to 20% of the company’s share capital.
The high approval rates, with no shareholders required to abstain, signal broad confidence in the company’s governance, board composition, and capital management flexibility. The renewed share issuance mandate strengthens management’s ability to pursue funding and strategic initiatives, while the approval of director bonuses tied to post-tax profit aligns incentives with performance and provides continuity in oversight for stakeholders.
More about Lee & Man Chemical Co. Ltd.
Lee & Man Chemical Company Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates in the chemical industry and is traded under stock code 746. The company serves shareholders in the Hong Kong capital market and is governed by a board comprising executive and independent non-executive directors, supported by external auditors Deloitte Touche Tohmatsu.
Average Trading Volume: 604,386
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.98B
For a thorough assessment of 0746 stock, go to TipRanks’ Stock Analysis page.