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The latest announcement is out from Xinhua News Media Holdings Limited ( (HK:0309) ).
Xinhua News Media Holdings Limited has received a requisition from a significant shareholder, Yu Weikun, to convene an extraordinary general meeting (EGM) aimed at restructuring the company’s board of directors. The proposed resolutions include the removal of certain directors and the appointment of new ones, including Mr. Lin Shuang, Mr. Chan Frank Clifford Shui Ting Chu, Mr. Yuen Ka Tai, Wilson, and Mr. Mui Kay Boon. The EGM is scheduled for October 6, 2025, and the company is seeking professional advice on the requisition while advising shareholders to exercise caution.
More about Xinhua News Media Holdings Limited
Average Trading Volume: 412,842
Technical Sentiment Signal: Hold
Current Market Cap: HK$94.62M
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