Pacific Century Premium Developments Limited (PCPD; stock code: 00432) released a circular dated March 6, 2026, announcing its Annual General Meeting (AGM) scheduled for May 20, 2026, at 11:00 a.m. in Hong Kong. Key proposals include granting general mandates to issue and buy back shares, as well as the re-election of Board members.

According to the document, PCPD’s issued share capital stands at approximately 2.04 billion shares. Subject to AGM approval, the maximum share issue mandate amounts to 20%, equivalent to about 0.41 billion shares. The proposed buy-back mandate will be set at 10% of total issued shares (roughly 0.20 billion shares). The Board recommends re-electing two executive directors, namely, Li Tzar Kai, Richard and Benjamin Lam Yu Yee. Shareholders will also vote on re-appointing the external auditor and fixing directors’ remuneration.

The circular outlines that the register of members and noteholders will be closed from May 15, 2026, to May 20, 2026, and prescribes procedures for proxy submissions. Over the past 12 months up to late February 2026, PCPD’s share price on the Hong Kong Stock Exchange ranged between HK$0.180 and HK$0.375. The company will finalize voting results and publish them following the AGM.