IMS Group sets 24 Aug 2026 AGM; seeks 20% share-issue and 10% buyback mandates, auditor re-appointment

Bulletin Express
Jul 22

IMS Group Holdings Limited will convene its annual general meeting on 24 August 2026 at 10:30 a.m. in Hong Kong. Shareholders will vote on the following key items:

1. Director re-elections • Executive chairman and CEO Mr. Tam Yat Ming Andrew and independent non-executive director Mr. Li Chun Hung will retire by rotation and stand for re-election.

2. Capital mandates • Issue mandate: authorisation for the board to allot and issue up to 20% of the company’s issued share capital. Based on the 1.00 billion shares outstanding as at 15 July 2026, the limit equates to 200.00 million shares. • Repurchase mandate: authority to buy back up to 10% of issued shares, or 100.00 million shares. • Extension mandate: any shares repurchased may be added to the issue mandate.

3. Auditor • FORVIS Mazars CPA Limited is proposed for re-appointment as auditor for the year ending 31 March 2027, with an estimated audit fee of HK$0.55–0.65 million, exclusive of out-of-pocket expenses.

4. Administrative details • Register of members will be closed from 19 August 2026 to 24 August 2026 (both days inclusive); transfers must be lodged by 4:30 p.m. on 18 August 2026 for voting eligibility. • All resolutions will be decided by poll.

Subject to shareholder approval, the mandates will remain effective until the next AGM, expiry of the statutory period for holding that meeting, or revocation by shareholders, whichever occurs first.

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