Hing Lee (HK) Convenes 6 May 2026 AGM; Proposes HK1.5 Cents Final Dividend and Seeks Fresh Share Mandates

Bulletin Express04-13

Hing Lee (HK) Holdings Limited has issued a notice for its 2026 Annual General Meeting (AGM), scheduled for 10:30 a.m. on 6 May 2026 at Unit 1101, 11/F, Delta House, Shatin, Hong Kong. Shareholders will consider the following key items:

1. Financial Statements and Dividend • Review of the audited financial statements and directors’ and auditors’ reports for the year ended 31 December 2025. • Declaration of a final dividend of HK1.5 cents per share. The share register will be closed from 13 May 2026 to 14 May 2026; the record date for dividend entitlement is 14 May 2026.

2. Board Composition and Remuneration • Re-election of Executive Director Mr Cheung Kong Cheung and Independent Non-executive Director Mr Kong Hing Ki. • Authorisation for the board to determine directors’ remuneration.

3. Auditor Re-appointment • Proposal to re-appoint Baker Tilly Hong Kong Limited as external auditor and authorise the board to fix its remuneration.

4. Share Capital Mandates • Repurchase mandate: authority for the board to buy back up to 10% of the Company’s issued share capital during the mandate period. • Issuance mandate: authority to allot and issue new shares up to 20% of the existing issued share capital, with an additional 10% extension corresponding to any shares repurchased under the new mandate.

5. Administrative Details • Shareholders must lodge transfer documents by 4:00 p.m. on 29 April 2026 to qualify for attending and voting at the AGM; the register will be closed from 30 April 2026 to 6 May 2026. • Proxy forms must be submitted to Union Registrars Limited at least 48 hours before the AGM.

The current board comprises Executive Directors Mr Sung Kai Hing and Mr Cheung Kong Cheung, and Independent Non-executive Directors Mr Kong Hing Ki, Ms Leung Yuen Man and Mr Feng Jianzhong.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment