Pangaea Connectivity Technology Limited has scheduled its annual general meeting for 3:00 p.m. on 21 August 2026 at Tai Yau Building, Wanchai, Hong Kong.
Key agenda items include:
1. Dividend Proposal • The board proposes a final dividend of HK1.5 cents per share for the fiscal year ended 31 March 2026. If approved, the payout will be distributed on or about 21 September 2026 to shareholders on record as of 28 August 2026. The share register will be closed from 27 to 28 August 2026 for dividend entitlement.
2. Board Composition • Re-election of Director Fung Yui Kong (Executive), Kam Eddie Shing Cheuk (Non-executive) and Fok Wai Shun Wilson (Independent Non-executive). • Directors’ remuneration will be determined by the board following shareholder authorization.
3. Auditor Re-appointment • The board seeks approval to re-appoint the incumbent auditors and authorize directors to set their fees.
4. Share Issuance Mandate • A general mandate allowing the board to allot, issue, and deal with shares or sell treasury shares up to 20% of the company’s issued share capital (excluding treasury shares) as of the AGM date. The mandate extends to related offers, agreements, or options that may be executed after the mandate period.
5. Share Repurchase Mandate • Authorization for the company to repurchase its own shares on the Stock Exchange, capped at 10% of the issued share capital (excluding treasury shares) during the mandate period.
6. Mandate Extension • Conditional on the passage of the above two mandates, the share issuance limit can be increased by the number of shares repurchased under the buyback authority, subject to a 10% ceiling.
Administrative Notes • The share register will be closed from 18 to 21 August 2026 for AGM attendance eligibility. • Proxy forms must be lodged with Tricor Investor Services Limited no later than 4:30 p.m. on 17 August 2026.
The notice underscores that directors will exercise share issuance and buyback powers strictly in accordance with Hong Kong Listing Rules and the Cayman Islands Companies Act.