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South China Holdings Wins Unanimous Independent Shareholder Backing for Supplemental Agreement

Story Highlights
  • Independent shareholders unanimously approved the supplemental agreement at South China Holdings’ EGM.
  • The strong minority backing clears procedural hurdles, allowing planned transactions to proceed smoothly.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
South China Holdings Wins Unanimous Independent Shareholder Backing for Supplemental Agreement

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South China Holdings Company Limited ( (HK:0413) ) has shared an update.

Independent shareholders of South China Holdings Company Limited have overwhelmingly approved, by poll, a supplemental agreement dated 6 November 2025 and the transactions contemplated under it at an extraordinary general meeting held on 12 January 2026. The ordinary resolution received 100% of the votes cast by eligible independent shareholders, with over 957.5 million shares voting in favour and none against, while major shareholder-related interests abstained in line with Hong Kong listing rules. The decisive endorsement clears the way for the company to proceed with the contemplated transactions, signalling strong minority shareholder support and removing a key procedural hurdle for the group’s planned arrangements.

The most recent analyst rating on (HK:0413) stock is a Hold with a HK$0.04 price target. To see the full list of analyst forecasts on South China Holdings Company Limited stock, see the HK:0413 Stock Forecast page.

More about South China Holdings Company Limited

South China Holdings Company Limited is a Hong Kong-listed investment holding company incorporated in the Cayman Islands. It operates under stock code 00413 on the Main Board of the Hong Kong Stock Exchange and is controlled by chairman Ng Hung Sang and his associates, with a board comprising executive, non-executive and independent non-executive directors.

YTD Price Performance: 9.09%

Average Trading Volume: 1,497,135

Technical Sentiment Signal: Hold

Current Market Cap: HK$467.4M

Find detailed analytics on 0413 stock on TipRanks’ Stock Analysis page.

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