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Founder Holdings Secures Shareholder Approval for Deposit Service Framework

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Founder Holdings Secures Shareholder Approval for Deposit Service Framework

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An update from Founder Holdings ( (HK:0418) ) is now available.

Founder Holdings Limited announced that its Independent Shareholders have approved the transactions under the Deposit Service Framework Agreement, including the proposed annual caps for the next three years, during a special general meeting held on April 24, 2025. The resolution was passed with 94.46% of votes in favor, reflecting strong shareholder support. The approval is expected to impact the company’s financial operations positively, as it allows for strategic financial planning and resource allocation until the end of 2027.

More about Founder Holdings

YTD Price Performance: -23.08%

Average Trading Volume: 3,256

Technical Sentiment Signal: Sell

Current Market Cap: $142.3M

Learn more about 0418 stock on TipRanks’ Stock Analysis page.

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