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Asiaray Media Group Announces AGM with Key Resolutions on Governance and Capital Expansion

Story Highlights
  • Asiaray Media Group will hold its AGM on June 3, 2025, to discuss key governance issues.
  • The company seeks shareholder approval for director re-elections and potential capital expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Asiaray Media Group Ltd. ( (HK:1993) ) has provided an update.

Asiaray Media Group Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 3, 2025, in Hong Kong. Key agenda items include the re-election of directors, approval of financial statements, and the authorization for the board to fix directors’ remuneration. Additionally, the company seeks approval to re-appoint PricewaterhouseCoopers as its independent auditor and to authorize the board to issue additional shares. These resolutions, if passed, will enable Asiaray to maintain its governance structure and potentially expand its capital base, which could impact its market positioning and shareholder value.

More about Asiaray Media Group Ltd.

Asiaray Media Group Limited is a company incorporated in the Cayman Islands, operating in the media industry. It is listed on the Hong Kong Stock Exchange and is involved in providing advertising services, particularly focusing on outdoor and airport advertising solutions.

YTD Price Performance: -7.22%

Average Trading Volume: 15,142

Technical Sentiment Signal: Hold

Current Market Cap: HK$430.3M

Learn more about 1993 stock on TipRanks’ Stock Analysis page.

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