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Notice of Annual General Meeting and Resolutions

Strategic Insights

— 1 min read

NGAI HING HONG COMPANY LIMITED has provided a notice to shareholders regarding the upcoming Annual General Meeting, where several resolutions will be proposed for voting. These resolutions include the grant of issue mandate and repurchase mandate, extension of the issue mandate, and re-election of Directors. Shareholders are advised to review the information in this circular to make an informed decision on whether to vote for or against the proposed resolutions.

Key Takeaways:

  • The Annual General Meeting will be held to vote on several resolutions, including the grant of issue mandate and repurchase mandate, extension of the issue mandate, and re-election of Directors.
  • The current issue mandate and repurchase mandate, granted in 2024, will expire at the conclusion of the Annual General Meeting.
  • Separate ordinary resolutions will be proposed to renew the general mandates, allowing the Directors to allot, issue, and deal with Shares not exceeding 20% of the issued shares and to repurchase issued and fully paid shares not exceeding 10% of the issued shares.
  • The Directors will also be given authority to allot, issue, and deal with additional Shares representing the aggregate number of the Shares repurchased by the Company under the Repurchase Mandate.
  • Shareholders are advised to attend the meeting and vote on the proposed resolutions.

Statistics:

  • The current issue mandate and repurchase mandate were granted in 2024.
  • The general mandates will expire at the conclusion of the Annual General Meeting.
  • The maximum number of shares that can be allotted, issued, and dealt with under the issue mandate is 20% of the issued shares.
  • The maximum number of shares that can be repurchased under the repurchase mandate is 10% of the issued shares.
  • The total number of shares that can be repurchased by the Company under the Repurchase Mandate represents the aggregate number of the Shares.

Sources:

  • CECC00128 28 October 2025 Total Number of Outstanding Restricted Shares and Share Options of Listed Companies (Note 4)

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