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Oriental Enterprise Proposes New Articles of Association

Story Highlights
  • Oriental Enterprise plans to update its Articles of Association to meet new regulatory standards.
  • The changes will enable hybrid meetings, electronic voting, and holding treasury shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Oriental Enterprise Proposes New Articles of Association

Elevate Your Investing Strategy:

An announcement from Oriental Enterprise Holdings Limited ( (HK:0018) ) is now available.

Oriental Enterprise Holdings Limited, a company incorporated in Hong Kong, is proposing to adopt a new set of Articles of Association to align with the latest regulatory requirements. This move aims to facilitate hybrid meetings, electronic voting, and the electronic dissemination of corporate communications, as well as to allow the company to hold repurchased shares as treasury shares for future resale. The proposed changes are subject to shareholder approval at the upcoming annual general meeting in 2025, and a circular detailing these changes will be sent to shareholders.

More about Oriental Enterprise Holdings Limited

Average Trading Volume: 336,264

Technical Sentiment Signal: Buy

Current Market Cap: HK$935.2M

For an in-depth examination of 0018 stock, go to TipRanks’ Overview page.

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