Tontine Wines Schedules 16 June 2026 AGM; Seeks 20% Issuance Mandate and 10% Buy-Back Authority

Bulletin Express
05/20

China Tontine Wines Group Limited will convene its 2026 Annual General Meeting (AGM) on 16 June 2026 at 3:00 p.m. at the company’s head office, 3302, West Tower, Shun Tak Centre, 200 Connaught Road Central, Hong Kong. The register of members will be closed from 11 to 16 June 2026, and shareholders must lodge transfer documents by 4:30 p.m. on 10 June 2026 to qualify for attendance and voting.

Key ordinary business: • Approval of the audited consolidated financial statements for the financial year ended 31 December 2025, together with directors’ and auditor’s reports. • Separate re-election of three retiring directors: non-executive directors Mr. Li Jerry Y. and Mr. Zhu Minghui, and independent non-executive director Mr. Li Liang; the board will be authorised to set directors’ remuneration. • Re-appointment of Prism Hong Kong Limited as external auditor for the year ending 31 December 2026, with remuneration to be set by the board.

Special business resolutions: • General Issue Mandate: Directors may allot, issue or grant options, warrants, bonds or other convertible securities for up to 20% of the company’s issued share capital as at the date of the AGM. Any cash-based issue of convertible securities must carry an initial conversion price no lower than the higher of (i) the closing price on the date of the placing agreement and (ii) the average closing price of the five trading days preceding the earliest of the announcement, agreement signing, or price-fixing date. • Share Buy-Back Mandate: Authority to repurchase shares on the Stock Exchange or other recognised markets, capped at 10% of the company’s issued share capital as at the AGM date. • Extension Mandate: Conditional on the above two mandates passing, the issue mandate will be increased by the number of shares bought back under the repurchase mandate.

The mandates will remain in force until the earlier of: (i) the conclusion of the 2027 AGM, (ii) the expiry of the statutory period for holding the 2027 AGM, or (iii) revocation or variation by shareholders in general meeting.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10