Shimao Group’s AGM Approves Key Resolutions for Strategic Operations

Shimao Property Holdings ( (HK:0813) ) has shared an update.

Shimao Group Holdings Limited successfully held its Annual General Meeting on June 12, 2025, where all proposed resolutions were approved by shareholders. Key resolutions included the re-election of directors, authorization for the board to fix directors’ remuneration, reappointment of the auditor, and granting of mandates for share issuance and buybacks. The approval of these resolutions reflects strong shareholder support and positions the company for continued strategic operations and governance.

The most recent analyst rating on (HK:0813) stock is a Sell with a HK$0.25 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

More about Shimao Property Holdings

Shimao Group Holdings Limited operates in the real estate industry, focusing on property development, investment, and management. The company is known for its residential, commercial, and hotel properties, primarily targeting the Chinese market.

Average Trading Volume: 9,356,785

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.81B

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