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Powerlong Real Estate Holdings Ltd. ( (HK:1238) ) has shared an announcement.
Powerlong Real Estate Holdings Ltd. has called its annual general meeting for 12 June 2026 in Shanghai, where shareholders will vote on adopting the audited consolidated financial statements for the year ended 31 December 2025, re-electing four directors, confirming directors’ remuneration and re-appointing KTC Partners CPA Limited as auditor. The meeting will also seek shareholder approval to grant the board a general mandate to allot, issue and deal in additional shares and resell treasury shares up to 20% of the company’s issued share capital, strengthening its financial flexibility for potential capital-raising and equity-based initiatives while maintaining regulatory limits on dilution.
More about Powerlong Real Estate Holdings Ltd.
Powerlong Real Estate Holdings Ltd. is a Cayman Islands–incorporated property developer and operator focused on real estate projects in mainland China, with its shares listed on the Hong Kong Stock Exchange under stock code 1238. The company is overseen by a board comprising executive and independent non-executive directors and engages external auditors to review its consolidated financial statements.
Average Trading Volume: 1,163,418
Technical Sentiment Signal: Sell
Current Market Cap: HK$968.9M
For detailed information about 1238 stock, go to TipRanks’ Stock Analysis page.