Precision Tsugami Shareholders Approve Key Resolutions

Precision Tsugami (China) Corp. Ltd. (HK:1651) has released an update.

Precision Tsugami (China) Corporation Limited successfully passed all proposed resolutions during its Annual General Meeting on August 19, 2024, including the adoption of audited financial statements, the declaration of a final dividend of HK$0.40 per share, and the re-election of directors with overwhelming shareholder support. Shareholders also granted the directors a mandate to repurchase up to 10% of the company’s shares, with all resolutions receiving 100% approval except for the re-election of one executive director, which received 96.18% support.

For further insights into HK:1651 stock, check out TipRanks’ Stock Analysis page.