tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Shing Chi Holdings Calls 2026 AGM, Seeks Mandate to Issue Up to 20% New Shares

Story Highlights
  • Shing Chi Holdings will hold its 2026 AGM to approve 2025 accounts, auditor reappointment and director elections.
  • Shareholders are asked to renew a mandate letting the board issue up to 20% of existing share capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shing Chi Holdings Calls 2026 AGM, Seeks Mandate to Issue Up to 20% New Shares

Claim 50% Off TipRanks Premium

An announcement from Ri Ying Holdings Ltd. ( (HK:1741) ) is now available.

Shing Chi Holdings Limited has convened its annual general meeting for 12 March 2026 in Hong Kong, where shareholders will vote on adopting the audited financial statements for the year ended 30 September 2025, reappointing HLB Hodgson Impey Cheng Limited as the company’s auditors, re-electing two executive directors and one independent non-executive director, and authorising the board to fix directors’ remuneration. The meeting will also seek shareholder approval to renew a general mandate allowing the board to allot, issue, and deal with additional shares and convertible securities up to 20% of the company’s issued share capital (excluding treasury shares), reinforcing the board’s financial flexibility for potential capital-raising or corporate actions within prescribed Hong Kong listing rules and time limits, which may affect future dilution and capital structure for existing shareholders.

The most recent analyst rating on (HK:1741) stock is a Hold with a HK$0.19 price target. To see the full list of analyst forecasts on Ri Ying Holdings Ltd. stock, see the HK:1741 Stock Forecast page.

More about Ri Ying Holdings Ltd.

Shing Chi Holdings Limited is a Cayman Islands-incorporated company listed on the Stock Exchange of Hong Kong (Stock Code: 1741). The notice does not specify its industry, products, or services, focusing instead on corporate governance and shareholder matters.

Average Trading Volume: 797,056

Technical Sentiment Signal: Sell

Current Market Cap: HK$152.8M

See more insights into 1741 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1