tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Litian Pictures Shareholders Back All AGM Resolutions, Confirm Board Changes and Auditor

Story Highlights
  • Litian Pictures’ shareholders approved all AGM resolutions, including board elections and KPMG’s re-appointment.
  • The AGM outcomes, alongside board and committee changes, underscore strong investor support amid listing rules non-compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Litian Pictures Shareholders Back All AGM Resolutions, Confirm Board Changes and Auditor

Claim 50% Off TipRanks Premium

Litian Pictures Holdings Limited ( (HK:9958) ) has shared an announcement.

Litian Pictures Holdings Limited announced that all resolutions put to shareholders at its annual general meeting on 13 January 2026 were passed by poll, including the adoption of its audited consolidated financial statements for the eighteen‑month period ended 30 June 2025, the re‑election of five directors, the appointment of a new independent non‑executive director, and the re‑appointment of KPMG as auditor. The voting, conducted without any abstentions or opposing votes on the disclosed resolutions, confirms strong shareholder support for the current board and governance structure, while the board and committee changes and acknowledgment of a period of listing rules non‑compliance signal a phase of corporate housekeeping that could influence perceptions of the company’s regulatory standing and oversight among investors.

The most recent analyst rating on (HK:9958) stock is a Sell with a HK$0.16 price target. To see the full list of analyst forecasts on Litian Pictures Holdings Limited stock, see the HK:9958 Stock Forecast page.

More about Litian Pictures Holdings Limited

Litian Pictures Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and engaged in the broader media and entertainment sector, with its shares traded on the Main Board of the Stock Exchange of Hong Kong under stock code 9958. The company’s shareholder base currently comprises 360 million issued shares, all carrying voting rights at general meetings.

Average Trading Volume: 12,358,575

Technical Sentiment Signal: Sell

Current Market Cap: HK$58.68M

See more data about 9958 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1