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HK Electric Investments Announces 2025 AGM and Share Issuance Mandate

Story Highlights
  • HK Electric Investments will hold its AGM on May 21, 2025, addressing key business matters.
  • A special resolution will consider a mandate for directors to issue additional shares up to 10%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest update is out from HK Electric Investments & HK Electric Investments ( (HK:2638) ).

HK Electric Investments has announced its Annual General Meeting (AGM) scheduled for May 21, 2025, to be held as a hybrid meeting both in-person and online. The AGM will address ordinary business matters such as reviewing financial statements, re-electing directors, and appointing auditors. Additionally, a special resolution will be considered to grant the company’s directors a mandate to issue additional shares, not exceeding 10% of the current share capital, under specific conditions. This move could potentially impact the company’s capital structure and market positioning, offering flexibility in raising capital and expanding its operations.

More about HK Electric Investments & HK Electric Investments

HK Electric Investments is a company operating in the utilities industry, primarily focusing on the generation and distribution of electricity in Hong Kong. The company is known for its commitment to providing reliable and efficient energy services to its customers in the region.

YTD Price Performance: 1.21%

Average Trading Volume: 6,413

Technical Sentiment Signal: Sell

Current Market Cap: $5.88B

Learn more about 2638 stock on TipRanks’ Stock Analysis page.

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