Lapco Holdings Limited held its annual general meeting (AGM) on 5 June 2026, where all resolutions were approved by poll with unanimous support. A total of 49.68 million shares were voted, representing 43.11% of the 115.20 million issued shares entitled to vote.
Key outcomes:
1. Financial Statements Adopted Shareholders accepted the audited consolidated financial statements, directors’ report and auditors’ report for the year ended 31 December 2025 with 100% of votes in favour.
2. Board Matters • Remuneration: Authority to set directors’ remuneration was granted, receiving 100% support. • Re-elections: Executive directors Mr. Tam Yiu Shing, Billy and Ms. Guo Yingying, along with independent non-executive director Mr. Chak Chi Shing, were re-elected, each securing full approval.
3. Auditor Re-appointment Rongcheng (Hong Kong) CPA Limited was re-appointed as external auditor with 100% affirmative votes, and the board was authorised to fix its remuneration.
4. Capital Mandates • Issuance Mandate: Directors may allot and issue new shares up to 20% of current issued share capital. • Repurchase Mandate: Authority granted to repurchase shares up to 10% of issued share capital. • Extension Mandate: The issuance mandate can be extended by the amount of shares repurchased, capped at an additional 10%. Each mandate received unanimous shareholder approval.
Procedural details:
• No shareholder was required to abstain or voted against any resolution. • Tricor Investor Services Limited acted as scrutineer for the poll. • All six directors—three executive and three independent non-executive—were present at the AGM.
With every resolution surpassing the 50% threshold, they were duly passed as ordinary resolutions, reinforcing shareholder alignment on governance, audit continuity and capital flexibility.
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