Lam Soon (HK) Sets 11 Nov 2026 AGM; Seeks 20% Share Issue & 10% Buy-Back Mandates, Proposes HK$0.35 Final Dividend

Bulletin Express
10/15

Lam Soon (Hong Kong) Ltd. (Lam Soon (HK); 00411) will hold its Annual General Meeting on 11 November 2026 at noon (Hong Kong time) in Tai Po, New Territories.

Key resolutions to be tabled include:

1. Capital mandates • Issuance mandate: Board authority to allot, issue or transfer up to 20% of the company’s 243.35 million issued shares, equivalent to 48.67 million shares. • Buy-back mandate: Authority to repurchase up to 10% of issued shares, or 24.34 million shares. Repurchased shares may be cancelled or held as treasury stock. • Extension mandate: The issue mandate may be enlarged by the amount of shares actually bought back.

2. Dividend proposal • Final dividend of HK$0.35 per share, payable on 3 December 2026 to shareholders on record as at 18 November 2026.

3. Board composition and remuneration • Re-election of four directors: Chairman Kwek Leng Hai, Christian K. Nothhaft, Whang Yixiang Remus and independent director Chau Siu Lun. • Total directors’ fees for FY ended 30 June 2026 set at HK$1.36 million.

4. Auditor • Re-appointment of KPMG; FY 2027 audit fee estimated at HK$2.10–2.21 million (FY 2026: HK$2.10 million).

Share capital, ownership and market data • Shares in issue: 243.35 million; no treasury shares outstanding as of 12 October 2026. • Controlling shareholder GuoLine International holds 57.53% and would rise to 63.93% if the full buy-back mandate were exercised with no disposals. • No share repurchases occurred in the six months prior to the circular date. • Over the past 12 months the stock traded between HK$9.90 and HK$13.00; the latest October high/low stood at HK$11.05/HK$10.78.

Voting will be conducted by poll. Proxy forms must reach Computershare Hong Kong not less than 48 hours before the AGM. The share register closes 6–11 November 2026 for AGM attendance and on 18 November 2026 for dividend entitlement.

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