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Legend Holdings Corporation Class H ( (HK:3396) ) has shared an update.
Legend Holdings Corporation has issued a supplemental announcement regarding its 2024 AGM Circular and Notice of AGM. The company is seeking shareholder approval for a voluntary Acquisition Mandate to conduct possible on-market acquisitions of Lenovo shares, ensuring compliance with applicable percentage ratios under the Listing Rules. Additionally, a special resolution for the 2024 Medium and Long-Term Incentive Plan, previously omitted from the Notice of AGM, has been included as special resolution no. 13. These measures are aimed at enhancing the company’s strategic positioning and incentivizing long-term growth.
More about Legend Holdings Corporation Class H
Legend Holdings Corporation is a joint stock limited company incorporated in the People’s Republic of China, primarily involved in the investment and management of diversified businesses. The company is known for its strategic investments in technology, financial services, and other sectors, with a significant focus on its subsidiary, Lenovo, a global leader in personal technology.
Average Trading Volume: 5,601,339
Technical Sentiment Signal: Hold
Current Market Cap: HK$18.54B
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