tiprankstipranks
ADICON Holdings Shareholders Approve Key Resolutions
Company Announcements

ADICON Holdings Shareholders Approve Key Resolutions

ADICON Holdings Limited (HK:9860) has released an update.

Pick the best stocks and maximize your portfolio:

ADICON Holdings Limited announced all resolutions proposed at its 2024 Annual General Meeting on May 30, 2024, were approved by shareholders, including re-elections and appointments to the board, auditor re-appointments, and authorization for share repurchases and additional share issuances. Notably, resolutions to re-elect non-executive directors Ms. YANG Ling and Mr. LIN Jixun, appoint Mr. ZHOU Mintao, and re-appoint Ernst & Young as auditor received near-unanimous support. The company also secured mandates to repurchase up to 10% of its shares and to issue additional shares not exceeding 20% of the total issued shares.

For further insights into HK:9860 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App