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An update from Macau Legend Development ( (HK:1680) ) is now available.
Macau Legend Development has convened its annual general meeting for 12 June 2026 in Macau, where shareholders will review the audited consolidated financial statements and directors’ and auditor’s reports for the year ended 31 December 2025. The agenda includes the re-election of four directors across executive, non-executive and independent roles, authorisation for the board to set directors’ pay, and the re-appointment of Baker Tilly Hong Kong as auditor with board-approved remuneration.
Shareholders will also vote on a share repurchase mandate allowing the board to buy back up to 10% of the company’s issued share capital, with discretion to hold repurchased shares as treasury stock or cancel them in line with listing rules and laws. A separate resolution seeks general authority for the board to allot, issue and deal in new shares and related instruments, including the sale or transfer of treasury shares, which collectively enhance the company’s financial flexibility and capital management options ahead of its next AGM.
More about Macau Legend Development
Macau Legend Development Limited is a gaming and leisure operator incorporated in the Cayman Islands and continued in Bermuda, listed in Hong Kong. The company focuses on integrated resort, hotel and entertainment operations in Macau, including the Legend Palace Hotel at Macau Fisherman’s Wharf, serving gaming, tourism and hospitality markets in the region.
Average Trading Volume: 175,460
Technical Sentiment Signal: Sell
Current Market Cap: HK$176.7M
For an in-depth examination of 1680 stock, go to TipRanks’ Overview page.