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.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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