CK Asset to Seek Shareholder Nod on Board Re-election, Fee Uplift and 10% Share Issue/Buy-back Authorities at 21 May 2026 AGM

CK Asset Holdings (CK Asset) released a circular dated 20 April 2026 detailing resolutions for its hybrid Annual General Meeting scheduled for 21 May 2026 at Harbour Grand Kowloon and via online platform.

Key proposals:

• Board composition  – Six directors—Victor T K Li, Pau Yee Wan Ezra, Cheong Ying Chew Henry, Donald Jeffrey Roberts, Sng Sow-mei (Poon Sow Mei) and Lee Wai Mun Rose—are nominated for re-election.  – The Nomination Committee confirmed the continued independence of all four independent non-executive directors standing for another term.

• Remuneration revision (effective FY 2026)  – Annual base fee per director: HK$0.33 million, up from the level set at the 2015 listing.  – Additional committee fees per member: Audit Committee HK$0.20 million; Remuneration Committee HK$0.09 million; Nomination Committee HK$0.045 million; Sustainability Committee HK$0.045 million.

• Capital authorities  – General mandate to issue new shares up to 10 % of issued share capital (excluding treasury shares) at a maximum 10 % discount to the benchmarked price. The board states it has no immediate plan to exercise this authority.  – Mandate to buy back up to 10 % of issued shares (excluding treasury shares); any purchases may be cancelled or held as treasury shares in line with regulatory requirements.

• Dividend and key dates  – Shareholders will vote on a final dividend for FY 2025 (amount not specified in the circular).  – Shareholders registered by 15 May 2026 (4:30 p.m.) may attend and vote at the AGM.  – The register closes 18–21 May 2026 (or to 27 May 2026 if the meeting is postponed for severe weather).  – The dividend record date is 28 May 2026.

• Meeting logistics  – The AGM will be conducted as a hybrid meeting, with full voting and Q&A functionality via an online platform.  – Shareholders are encouraged to appoint the chairman as proxy; proxy forms must be submitted by 2:15 p.m. on 19 May 2026.

The board recommends shareholders vote in favour of all resolutions, citing alignment with the company’s governance and capital management objectives.