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New City Development Group Announces 2025 AGM and Share Repurchase Plan

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New City Development Group Announces 2025 AGM and Share Repurchase Plan

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New City Development Group Limited ( (HK:0456) ) just unveiled an announcement.

New City Development Group Limited has announced its 2025 Annual General Meeting, scheduled for June 5, 2025, in Hong Kong. Key agenda items include the adoption of financial statements for the year ending December 31, 2024, re-election of independent non-executive directors, and the re-appointment of McMillan Woods (Hong Kong) CPA Limited as auditors. Additionally, a resolution will be considered to authorize the company’s directors to repurchase up to 10% of its shares, reflecting a strategic move to manage its capital structure effectively.

More about New City Development Group Limited

New City Development Group Limited is a company incorporated in the Cayman Islands with limited liability, operating in the real estate development industry. The company focuses on property development and investment, primarily in the Hong Kong market.

Average Trading Volume: 57,181

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$61.52M

Find detailed analytics on 0456 stock on TipRanks’ Stock Analysis page.

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