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Sky Blue 11 Announces Annual General Meeting and Share Repurchase Mandate

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Balk 1798 Group Limited ( (HK:1010) ) has issued an announcement.

Sky Blue 11 Company Limited, formerly known as Balk 1798 Group Limited, has announced its upcoming annual general meeting scheduled for June 6, 2025, in Hong Kong. The meeting will address ordinary business matters such as the consideration of financial statements, re-election of directors, and re-appointment of the company’s auditor. Additionally, a special resolution will be proposed to grant the company’s directors a mandate to repurchase up to 10% of its issued shares, aligning with applicable laws and stock exchange regulations. This move could potentially impact the company’s stock liquidity and shareholder value.

More about Balk 1798 Group Limited

YTD Price Performance: -80.95%

Average Trading Volume: 1,245,142

Technical Sentiment Signal: Buy

Current Market Cap: HK$35.54M

For an in-depth examination of 1010 stock, go to TipRanks’ Stock Analysis page.

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