Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Tat Hong Equipment Service Co. Ltd. ( (HK:2153) ) has shared an announcement.
Independent shareholders of Tat Hong Equipment Service Co., Ltd. have overwhelmingly approved the renewal of a continuing connected transaction under a new Yongmao master agreement at an extraordinary general meeting held on 15 April 2026. With 813,532,387 votes cast in favour and none against, the resolution ratifies the agreement, its new annual caps and authorises directors to execute all related documents, reinforcing governance around related-party dealings and providing clearer visibility on future transactions.
The poll was conducted by way of poll with Tricor Investor Services acting as scrutineer, and the only related party required to abstain was Sunfield, holding about 1.73% of issued shares. Around 98.27% of the company’s share capital remained eligible to vote, and the decisive outcome signals broad investor support for the company’s ongoing commercial arrangements with Yongmao and confidence in its board’s oversight of connected transactions.
More about Tat Hong Equipment Service Co. Ltd.
Tat Hong Equipment Service Co., Ltd., listed in Hong Kong, operates in the construction equipment services sector, focusing on providing crane and heavy machinery services to infrastructure and construction projects. The company is incorporated in the Cayman Islands with limited liability and has a diversified board including executive, non-executive and independent non-executive directors.
Average Trading Volume: 235,066
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.04B
For an in-depth examination of 2153 stock, go to TipRanks’ Overview page.