Ajisen (China) Holdings Limited will ask shareholders to approve several key resolutions at its Annual General Meeting scheduled for 23 June 2026 in Hong Kong.
Key proposals
• Capital mandates: – Issue Mandate – Directors seek authority to allot, issue or transfer treasury shares up to 20% of the Company’s issued share capital (maximum 218.31 million shares based on 1.09 billion shares in issue as at 22 May 2026). – Repurchase Mandate – Authority to buy back shares up to 10% of issued share capital, equivalent to 109.15 million shares. Shares repurchased may be cancelled or held as treasury shares, subject to regulatory limits. The Company confirms no repurchases have been made in the six months preceding the circular.
• Board composition: Executive directors Mr Poon Ka Man Jason and Ms Ng Minna, and independent non-executive director Mr Ho Pak Chuen Brian, will retire by rotation and stand for re-election.
• Auditor: Re-appointment of Deloitte Touche Tohmatsu for FY 2026 at a fee not exceeding RMB3.00 million.
• Dividends: The Board recommends a final dividend of RMB0.07 per share and a special dividend of RMB0.03 per share for FY 2025, totalling RMB0.10 per share. Subject to approval, dividends will be paid on or after 14 August 2026 to shareholders on the register at 2 July 2026. The books will close from 29 June to 2 July 2026 for dividend entitlement.
Key dates
• Shareholder voting eligibility record date: 23 June 2026 (register closed 17–23 June). • Dividend record date: 2 July 2026 (register closed 29 June–2 July). • Proxy forms deadline: 10:30 a.m., 21 June 2026. • Dividend payment date (subject to approval): 14 August 2026.
Capital structure snapshot
• Issued shares (22 May 2026): 1,091,538,820. • No treasury shares held at the latest practicable date.
Regulatory considerations
• Full utilisation of the Repurchase Mandate would raise controlling shareholder Ms Poon Wai’s interest from 47.54% to 52.83%, potentially triggering a mandatory general offer under Hong Kong’s Takeovers Code; the Board states it has no present intention to repurchase shares to such an extent. • The Company confirms that no core connected persons have indicated an intention to dispose of shares if the Repurchase Mandate is approved.
The Board recommends shareholders vote in favour of all resolutions, citing enhanced financial flexibility and continued shareholder returns through dividends.
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