HKR International (00480.HK) announced on September 16 that it will hold an extraordinary general meeting (EGM) on October 8, 2026, at 3:00 p.m. to consider and, if thought fit, approve a proposed ordinary resolution. The resolution seeks to ratify, confirm, and adopt a sale and purchase agreement involving the disposal of the entire equity interest in a target company, which constitutes a discloseable and connected transaction for the company.
The proposed resolution also authorizes any one or more directors of the company, excluding specific individuals including Mr. Cha Chim-sing, Mrs. Wong Cha May-lung, Mr. Cha Chim-tak, and Mr. Cha Yiu-chung, as well as their respective subsidiaries, to take all necessary actions and matters to implement and complete the transaction. This includes the authority to make any amendments to the agreement terms that do not conflict with the agreement's core purpose.
The record date for determining shareholders' eligibility to vote at the EGM is set for October 8, 2026. The share transfer books will be closed from October 5 to October 8, 2026, inclusive of both dates, to facilitate the meeting procedures. All defined terms used in this announcement carry the same meanings as those outlined in the circular issued by the company on September 17, 2026.