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Shun Tak Holdings ( (HK:0242) ) has shared an announcement.
Shun Tak Holdings has convened its annual general meeting for 10 June 2026 in Hong Kong, where shareholders will review the audited consolidated financial statements for the year ended 31 December 2025 and receive the reports of the board and independent auditor. The meeting will also consider the re-election of executive director Pansy Ho and independent non-executive directors Norman Ho and Amelia Yau, alongside a resolution to set directors’ fees for 2026 at HK$500,000 for each independent non-executive director and HK$50,000 for each other director.
Shareholders will further vote on the re-appointment of PricewaterhouseCoopers as auditor and the authorization of the board to fix its remuneration. In addition, the board is seeking a general mandate to buy back up to 10% of the company’s issued share capital, excluding treasury shares, a move that could enhance capital management flexibility and signal confidence in the company’s valuation, subject to shareholder approval and regulatory limits during the defined mandate period.
More about Shun Tak Holdings
Shun Tak Holdings Limited is a Hong Kong-incorporated conglomerate listed on the Stock Exchange of Hong Kong. The group operates across transport, property, hospitality, and investment businesses, with a focus on Greater China and cross-border services connecting Hong Kong, Macau, and mainland China. It is controlled by the Ho family and plays a notable role in regional infrastructure and tourism-related sectors.
Average Trading Volume: 1,047,756
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.75B
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