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Shun Tak Holdings’ Resolutions Pass With Strong Support

Shun Tak Holdings’ Resolutions Pass With Strong Support

Shun Tak Holdings (HK:0242) has released an update.

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Shun Tak Holdings Limited announced successful passage of all resolutions at their Annual General Meeting (AGM) held on June 5, 2024, including the re-election of directors, approval of director fees, and the re-appointment of their auditor. The voting showed overwhelming shareholder support with more than 95% approval for all items including the issuance of new shares and a mandate for share buybacks. The AGM was attended by both executive and independent non-executive directors, without any abstentions required under the Listing Rules.

For further insights into HK:0242 stock, check out TipRanks’ Stock Analysis page.

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