Rykadan Capital Ltd. (HK:2288) has released an update.
Rykadan Capital Ltd. announced that its shareholders have passed a resolution approving the acquisition of a property holding company with a commanding 95.14% of votes in favor. The extraordinary general meeting (EGM) held on September 16, 2024, saw the exclusion of votes from Chairman Mr. Chan due to a voting restriction, ensuring compliance with the Listing Rules. The resolution reflects strong shareholder support for the company’s strategic direction.
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