China Everbright Water Limited (CEB WATER, HK: 01857; SGX: U9E) has released a proposal to overhaul its Existing Bye-laws, aiming to align corporate governance practices with updated regulations in Hong Kong, Singapore and Bermuda.

The Board has tabled four principal amendments for shareholder consideration at the upcoming Annual General Meeting (AGM):

1. Meeting format flexibility – The company intends to permit physical, hybrid or fully electronic general meetings and introduce electronic voting, subject to SEHK and SGX-ST rules. 2. Electronic dissemination – Shareholders may opt to receive meeting notices and other corporate communications electronically. 3. Treasury share framework – The revised Bye-laws would allow the company to hold and deal in its own shares as treasury stock in compliance with Bermuda law and SEHK regulations. 4. Technical updates – Definitions and cross-references will be clarified or rationalised to ensure consistency with prevailing regulatory requirements.

Implementation is conditional on shareholder approval by special resolution at the forthcoming AGM. If endorsed, the New Bye-laws will replace the Existing Bye-laws immediately after the meeting concludes.

A detailed circular outlining the Proposed Amendments and the formal AGM notice will be distributed to shareholders in accordance with SEHK and SGX-ST requirements.

As of 20 March 2026 the Board comprises one non-executive director, one executive director and four independent non-executive directors.