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Water Oasis Shareholders Back All AGM Resolutions, Approve Dividend and Capital Mandates

Story Highlights
  • Water Oasis shareholders approved all 2026 AGM resolutions, including accounts, dividend and director re-elections.
  • Investors granted broad share issue and repurchase mandates, reinforcing board flexibility in future capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Water Oasis Shareholders Back All AGM Resolutions, Approve Dividend and Capital Mandates

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Water Oasis Group ( (HK:1161) ) has shared an announcement.

Water Oasis Group Limited reported that all resolutions proposed at its annual general meeting held on 20 January 2026 were duly approved by shareholders via poll, reflecting broad investor support for the company’s governance and capital management framework. Shareholders adopted the audited consolidated financial statements for the year ended 30 September 2025, approved the declaration of a final dividend, re-elected one executive and two independent non-executive directors, confirmed directors’ emoluments, and re-appointed BDO Limited as independent auditor. They also granted the board general mandates to issue up to 20% of the company’s issued share capital, repurchase up to 10% of its shares, and extend the issuance mandate by the amount of shares repurchased, measures that enhance the board’s flexibility in capital raising and balance-sheet management while signalling continued confidence in the company’s strategic direction.

The most recent analyst rating on (HK:1161) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Water Oasis Group stock, see the HK:1161 Stock Forecast page.

More about Water Oasis Group

Water Oasis Group Limited is a Hong Kong–listed company (Stock Code: 1161) incorporated in the Cayman Islands with limited liability. It has a diversified shareholder base with 680,552,764 issued ordinary shares, and its corporate governance is overseen by a full board of executive and independent non-executive directors who actively participate in shareholder meetings.

Average Trading Volume: 186,415

Technical Sentiment Signal: Buy

Current Market Cap: HK$639.7M

Learn more about 1161 stock on TipRanks’ Stock Analysis page.

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