Time Interconnect Technology Limited (Time Interconnect) has unveiled a plan to overhaul its existing Memorandum and Articles of Association. The proposal—labelled as “Proposed Amendments”—aims to modernise corporate governance and enhance operational flexibility.
Key Features of the Proposed Amendments 1. Electronic and Hybrid Meetings: The revised charter would expressly permit shareholders’ meetings to be conducted electronically or in a hybrid format, with provisions for electronic voting. 2. Digital Corporate Communications: Amendments align the company’s governing documents with the latest Hong Kong regulations that favour electronic dissemination of corporate materials. 3. Greater Meeting Flexibility: Language updates are designed to simplify procedures and provide broader options for convening and managing general meetings. 4. Treasury Shares: The company seeks authorisation to hold repurchased shares in treasury, offering an additional capital-management tool. 5. Housekeeping Changes: Consequential and clerical updates will be consolidated into an Amended and Restated Memorandum and Articles of Association.
Approval Process and Timeline • The package of amendments requires a special resolution at the Annual General Meeting scheduled for 29 May 2026. • If approved, the new Memorandum and Articles of Association will take effect immediately after shareholder endorsement. • A detailed circular outlining the full text of the changes, the AGM notice and proxy form will be published on both the company’s and the Hong Kong Stock Exchange’s websites in due course.
Board Composition (as of 22 April 2026) • Executive Directors: Cua Tin Yin Simon (CEO), Wong Chi Kuen, Chaung Kwai Wing, Hung Wai Lai William • Non-Executive Director: Wang Laichun • Independent Non-Executive Directors: Ho Hin Shun, Luk Wai Shing, Chan Chung Shun Eric, Chan Kit Fun Fanny, Dr. Wu Che Yuen Justin
The proposed governance enhancements signal Time Interconnect’s intent to align with evolving market standards while offering shareholders more flexibility in participation and communication.
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