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OSL Group Wins Shareholder Backing for New Share Issuance Mandate

Story Highlights
  • OSL Group shareholders approved revoking the old share issuance mandate and granting a new one.
  • The new mandate enhances the board’s flexibility for future capital raising and corporate actions involving new shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OSL Group Wins Shareholder Backing for New Share Issuance Mandate

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The latest update is out from BC Technology Group Limited ( (HK:0863) ).

OSL Group Limited has obtained shareholder approval at its extraordinary general meeting on 21 January 2026 to revoke its previous general mandate to issue new shares and to grant a fresh general mandate authorising the board to allot, issue and deal with additional shares. The resolution was passed by poll with approximately 91.76% of votes in favour, clearing a key procedural hurdle that restores flexibility for the directors to raise capital or undertake corporate actions involving new share issuance, which may influence the company’s future funding strategy and capital structure.

The most recent analyst rating on (HK:0863) stock is a Hold with a HK$20.00 price target. To see the full list of analyst forecasts on BC Technology Group Limited stock, see the HK:0863 Stock Forecast page.

More about BC Technology Group Limited

OSL Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands, with a board comprising executive, non-executive and independent non-executive directors, and its shares traded on the Main Board under stock code 863.

Average Trading Volume: 3,907,280

Technical Sentiment Signal: Buy

Current Market Cap: HK$14.55B

Find detailed analytics on 0863 stock on TipRanks’ Stock Analysis page.

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