CTF Services to Seek Shareholder Nod on HK$0.33 Final Dividend, Director Re-election and 1-for-10 Bonus Issue at 17 Nov 2026 AGM

Bulletin Express10-20 12:20

CTF Services Limited will convene its 2026 Annual General Meeting (AGM) on 17 November 2026 at 11:00 a.m. in Meeting Room N201, Hong Kong Convention and Exhibition Centre, adopting a hybrid format that permits both physical and online participation.

Key matters for shareholder approval include:

• FY2026 Results and Dividend: Shareholders will be asked to receive the audited financial statements for the year ended 30 June 2026 and approve a final ordinary dividend of HK$0.33 per share.

• Board Composition: Six directors—Dr Cheng Kar Shun, Henry; Mr Lam Jim; Mr Cheng Chi Leong, Christopher; Mr William Junior Guilherme Doo; and Professor Chan Ka Keung, Ceajer—are standing for re-election. The board also seeks authority to set directors’ remuneration.

• Auditor Re-appointment: The company proposes to re-appoint Messrs PricewaterhouseCoopers as independent auditor and empower the board to determine the auditor’s remuneration.

• Capital Mandates: A general mandate authorising the board to issue, allot or deal with additional shares and to dispose of any treasury shares up to 20% of the company’s issued share capital will be tabled. A separate resolution seeks authority to repurchase up to 10% of issued shares. An extension mandate would allow the board to increase the issue mandate by the number of shares actually repurchased.

• Bonus Share Issue: The AGM will vote on a one-for-ten bonus share issue to existing shareholders.

• Governance Update: A special resolution proposes the adoption of amended and restated bye-laws.

Proxy Instructions: Registered shareholders may appoint a proxy—who is not required to be a member—to attend and vote on their behalf. Completed proxy forms must reach Tricor Investor Services Limited, the Hong Kong branch share registrar, or be lodged electronically by 11:00 a.m. on 15 November 2026.

Attendance Options: Shareholders and proxies can join the hybrid AGM physically or via the Vistra eVoting portal. Login credentials will be distributed by email ahead of the meeting. For assistance, participants may contact Tricor Investor Services Limited at +852 2980 1333 or via emeeting@vistra.com.

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