Yip’s Chemical Sets 4 June 2026 AGM; Agenda Covers FY2025 Results, HK$0.12 Final Dividend, Board Re-elections and Share Mandates

Bulletin Express04-29 17:08

Yip’s Chemical Holdings Limited will convene its Annual General Meeting (AGM) on 4 June 2026 at 3:00 p.m. at 27/F, Fortis Tower, 77–79 Gloucester Road, Wanchai, Hong Kong.

Key resolutions to be tabled:

1. FY2025 Financial Statements • Shareholders will consider and adopt the audited consolidated financial statements and the reports of the directors and independent auditor for the year ended 31 December 2025.

2. Cash Distribution • A final dividend of HK$0.12 per share is proposed for FY2025.

3. Auditor Appointment • Deloitte Touche Tohmatsu is nominated for re-appointment, with the Board authorised to fix its remuneration.

4. Board Composition • Re-election of Mr. Ip Chi Shing (Non-executive Director), Mr. Yip Tsz Hin (Executive Director) and Ms. Yau Ching Man (Independent Non-executive Director). • Separate resolution empowers the Board to set directors’ remuneration.

5. Share Issuance Mandate • General mandate authorises the Board to allot, issue or deal with additional shares— including any sale or transfer of treasury shares—up to 20% of the company’s issued share capital as at the date of approval.

6. Share Repurchase Mandate • Separate mandate permits on-market repurchases of up to 10% of the issued share capital, excluding treasury shares.

7. Mandate Extension • Conditional on passing the above two mandates, the share-issuance limit will be increased by the number of shares repurchased.

8. Constitutional Amendments • A special resolution seeks shareholder approval for proposed amendments to the Memorandum and Articles of Association, to be adopted as the Second Amended version.

Proxy instructions must be lodged with Tricor Investor Services Limited at least 48 hours before the meeting. Completion of the proxy form does not preclude shareholders from attending and voting in person.

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