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OCT Asia Calls EGM to Approve Hefei Land Disposals

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OCT Asia Calls EGM to Approve Hefei Land Disposals

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Overseas Chinese Town (Asia) Holdings Limited ( (HK:3366) ) has issued an update.

Overseas Chinese Town (Asia) Holdings Limited has called an extraordinary general meeting in Shenzhen on 13 May 2026 to seek shareholder approval for proposed land disposals by its Hefei subsidiaries. The resolutions cover authorising Hefei OCT Huanchao Cultural Tourism Real Estate Development and Hefei OCT Industry Development to proceed with the Chaohu and Hefei land resumptions, empowering any director to execute all necessary documents and steps.

The meeting will be conducted physically, with all resolutions to be voted on by poll except for purely procedural matters. Shareholders may appoint one or more proxies, including the meeting chairman, to attend and vote on their behalf, and the company has set a book closure period in mid-May 2026 to determine eligibility to participate.

More about Overseas Chinese Town (Asia) Holdings Limited

Overseas Chinese Town (Asia) Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong, active in cultural tourism and real estate development on the Chinese mainland. Through subsidiaries, it develops and operates tourism-related properties and urban projects, with a focus on integrating cultural attractions and commercial real estate in key regional cities.

Average Trading Volume: 690,489

Technical Sentiment Signal: Sell

Current Market Cap: HK$190.8M

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