PCPD Sets 2026 AGM, Seeks Fresh Share Issuance Mandate

Pacific Century Premium Developments Limited ( (HK:0432) ) has issued an announcement.

Pacific Century Premium Developments Limited has called its annual general meeting for May 20, 2026, in Hong Kong to conduct standard corporate business for the year ended December 31, 2025. Shareholders will be asked to adopt the audited financial statements, re-elect directors including Chairman Richard Li and director Benjamin Lam, authorise the board to fill casual vacancies and set directors’ pay, and reappoint PricewaterhouseCoopers as auditor.

The AGM will also consider granting directors a general mandate to issue up to 20% of the company’s share capital, excluding any treasury shares, including through convertible securities and option grants. This proposed issuance authority, subject to typical carve-outs for rights issues, employee share schemes and scrip dividends, would provide the board with flexibility to raise capital and support future corporate or investment activities without requiring separate shareholder approvals for each transaction.

The most recent analyst rating on (HK:0432) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on Pacific Century Premium Developments Limited stock, see the HK:0432 Stock Forecast page.

More about Pacific Century Premium Developments Limited

Pacific Century Premium Developments Limited is a Hong Kong-listed property developer incorporated in Bermuda, focusing on premium real estate and infrastructure projects. The company operates in the wider Asia-Pacific market, with activities that typically include development, investment and management of high-end residential, commercial and mixed-use properties.

Average Trading Volume: 1,668,736

Technical Sentiment Signal: Hold

Current Market Cap: HK$591.1M

For an in-depth examination of 0432 stock, go to TipRanks’ Overview page.