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An update from Virscend Education Company Limited ( (HK:1565) ) is now available.
Virscend Education Company Limited reported that all resolutions put to shareholders at its annual general meeting on 23 January 2026 were approved by poll with 100% of votes cast in favour. Shareholders adopted the audited financial statements for the year ended 31 August 2025, approved both a final dividend of HKD0.2 cents per share and a special dividend of HKD0.3 cents per share, re-elected two executive directors and one independent non-executive director, re-appointed KTC Partners CPA Limited as auditor, and granted the board general mandates to issue up to 20% and repurchase up to 10% of the company’s issued share capital, along with an extension mandate. The unanimous support across all 1.07 billion votes cast underscores strong shareholder backing for the current management, capital allocation plans and governance framework, providing the board with broad flexibility for future financing and capital management actions.
More about Virscend Education Company Limited
Virscend Education Company Limited is a Hong Kong‑listed private education services provider, offering a range of schooling and related education services, primarily focused on the China market. The company operates within the broader education industry, serving students and families through its network of schools and associated educational programs.
Average Trading Volume: 867,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$614.7M
Learn more about 1565 stock on TipRanks’ Stock Analysis page.