Triumph New Energy Company (HK:1108) has released an update.
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Triumph New Energy Company announced the adoption of a cumulative voting system for key resolutions at its upcoming 2024 Extraordinary General Meeting. This system allows shareholders to allocate their votes in a flexible manner across candidates for director positions, potentially influencing the election outcome according to their preferences. Investors should note the new voting dynamics as they may impact the company’s governance structure.
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