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The latest update is out from Overseas Chinese Town (Asia) Holdings Limited ( (HK:3366) ).
Shareholders of Overseas Chinese Town (Asia) Holdings Limited have overwhelmingly backed two land resumption mandates at an extraordinary general meeting held on 13 May 2026. The company reported that all ordinary resolutions put to a poll were approved, with 530,904,000 votes cast in favour and none against for each proposal.
The resolutions ratify and confirm the Chaohu Land Resumption and the Hefei Land Resumption, and authorize the board to implement and give effect to both transactions. The approvals clear a key procedural hurdle, enabling management to proceed with these land adjustments, which may reshape the company’s land portfolio in Anhui province and support its ongoing development and asset-optimization strategy.
More about Overseas Chinese Town (Asia) Holdings Limited
Overseas Chinese Town (Asia) Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong under stock code 03366. The group operates within the broader real estate and urban development sphere in mainland China, engaging in land-related projects that include development, transfer, and resumption arrangements in key regional cities.
Average Trading Volume: 469,381
Technical Sentiment Signal: Hold
Current Market Cap: HK$202.1M
See more insights into 3366 stock on TipRanks’ Stock Analysis page.