Synertone shareholders clear placing plan at extraordinary meeting

Synertone Communication Corporation ( (HK:1613) ) has shared an announcement.

Synertone Communication Corporation shareholders have approved a proposed share placing at an extraordinary general meeting held on 8 May 2026, with 157,484,738 votes cast in favour and none against. The resolution’s passage, supported by all voting shareholders and without required abstentions, paves the way for the company to proceed with the capital-raising exercise, which could strengthen its financial position and support future operational or strategic initiatives.

The meeting, chaired by executive director You Yiyang with other board members attending in person or electronically, confirmed that all 535,864,491 issued shares were entitled to vote and that more than 50% support was obtained as required. Independent scrutiny of the poll by Tricor Investor Services Limited underscores procedural compliance, signalling governance continuity and providing clarity to investors on the company’s next steps in implementing the placing.

More about Synertone Communication Corporation

Synertone Communication Corporation is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the communications sector. The group focuses on providing communication-related products and services, positioning itself within the broader telecommunications and technology markets served through its listing on the Stock Exchange of Hong Kong.

Average Trading Volume: 3,131,329

Technical Sentiment Signal: Sell

Current Market Cap: HK$88.42M

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