On 18 November 2025, CTF Services Limited (stock code: 00659) held its Annual General Meeting (AGM). According to the announcement, all resolutions outlined in the circular dated 24 October 2025 were duly approved by shareholders through poll voting, with Tricor Investor Services Limited acting as scrutineer.
The approved resolutions encompassed re-election of directors, confirmation of the final ordinary dividend and an option for scrip dividend, re-appointment of the auditor, general mandates for share issuance and share repurchases, a bonus share issue on a 1-for-10 basis, amendments to the 2021 Share Option Scheme, and a refreshed 10% limit under that scheme. A revised annual cap for the provision of Operational Services to the NWD Group was also approved; CTF Enterprises and its associates, holding around 75.07% of the outstanding shares, abstained from voting on that particular item.
The total number of issued shares as of the AGM date was 4,055,803,931, of which 1,011,055,716 shares were eligible to vote on the resolution requiring a vote by independent shareholders only. The announcement indicates that a majority vote in favor of each item meant all proposed resolutions passed as ordinary resolutions.
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