SITC Shareholders Approve All AGM Resolutions, Confirm Dividend and Board Mandates

SITC International Holdings Co., Ltd. ( (HK:1308) ) has provided an announcement.

SITC International Holdings reported that all resolutions at its 20 April 2026 annual general meeting were passed by poll, reinforcing continuity in its governance and strategic direction. Shareholders approved the audited 2025 financial statements, re-elected key executive, non-executive and independent non-executive directors, and authorized the board to set directors’ remuneration and reappoint Ernst & Young as auditor.

Investors also backed a final dividend of HK$1.00 per share for 2025 and granted the board general mandates to repurchase up to 5% of issued shares and to issue or resell a limited portion of shares, with some notable opposition to the share issuance mandates. The strong overall support underscores shareholder confidence while the voting split on capital-raising authorities signals measured scrutiny over future equity and treasury share activities.

The most recent analyst rating on (HK:1308) stock is a Hold with a HK$30.00 price target. To see the full list of analyst forecasts on SITC International Holdings Co., Ltd. stock, see the HK:1308 Stock Forecast page.

More about SITC International Holdings Co., Ltd.

SITC International Holdings Company Limited is a Cayman Islands-incorporated shipping and logistics group listed in Hong Kong. The company focuses on regional container shipping and related logistics services across Asia, serving trade and supply chain needs with integrated maritime and transport solutions.

YTD Price Performance: 29.28%

Average Trading Volume: 5,852,322

Technical Sentiment Signal: Buy

Current Market Cap: HK$94.82B

For detailed information about 1308 stock, go to TipRanks’ Stock Analysis page.