SJM Holdings Limited has issued a notice for an extraordinary general meeting (EGM) to be held on 15 December 2025 at 9:00 a.m. at Artyzen Club, 401A, 4th Floor, Shun Tak Centre, 200 Connaught Road Central, Hong Kong. The meeting will deliberate and vote on an ordinary resolution encompassing three key components:
First, the EGM will consider approving, confirming, and ratifying an acquisition agreement dated 20 November 2025 entered into by SJM – Investimentos Limitada, SJM Resorts, Limited, Goldarch Holdings Limited, Solar King Investments Limited, and Ms. Leong On Kei as guarantor. This agreement concerns the acquisition of Arc of Triumph Development Company Limited, Arc of Triumph Hotel Management Company Limited, and Le Royal Arc Property Management Company Limited.
Second, the agenda includes a proposal to approve, confirm, and ratify a loan agreement and an ancillary share charge deed. Under these arrangements, SJM Resorts, Limited (lender) will extend a secured loan of HK$177,525,000 to Ms. Leong On Kei (borrower).
Lastly, an authorization is proposed for designated directors to complete all necessary documents and steps to implement the envisaged transactions.
Shareholders entitled to attend must submit proxy forms at least 48 hours before the meeting. The register of members will be closed from 10 December 2025 to 15 December 2025 (both days inclusive), during which period no transfers of shares will be registered. Voting at the EGM will be conducted by poll, with results to be published on the websites of the Hong Kong Stock Exchange and the company.
As stated in the notice, no gifts or refreshments will be provided at the meeting. The executive directors of SJM Holdings Limited as of the date of the notice include Ms. Ho Chiu Fung, Daisy, Mr. Fok Tsun Ting, Timothy, Deputada Leong On Kei, Angela, Dr. Chan Un Chan, and Mr. Shum Hong Kuen, David, with other non-executive and independent non-executive directors also listed. The document emphasizes that shareholders should exercise caution and personal judgment in case of adverse weather conditions.
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