On 4 November 2025, YGM Trading Limited (Stock Code: 00375) held an Extraordinary General Meeting (EGM) to vote on proposed ordinary resolutions related to a Sale and Purchase Agreement (SPA) and a DML Agreement, as well as a special resolution concerning a Capital Reduction.

According to the poll results, the two ordinary resolutions involving the SPA, the assignment of the Sale Loan, and the DML Agreement were not passed by the Independent Shareholders. It was disclosed that the Chan Family and their associates, holding approximately 59.19% of the issued shares, abstained from voting on these ordinary resolutions. Meanwhile, the special resolution regarding the Capital Reduction received more than 75% of the votes in favor and was duly approved by all Shareholders.

The company reported that, as of the EGM date, it had an issued share capital of 165,863,792 shares. Independent Shareholders holding 67,688,286 shares were eligible to vote on the ordinary resolutions, while all 165,863,792 shares were eligible to vote on the special resolution. The meeting was attended by all Directors either in person or through electronic means, with an independent scrutineer appointed for vote-taking.