Standard Development Group Limited has released its 2026 AGM circular detailing five key proposals to be put to shareholders at the 30 September 2026 meeting in Hong Kong.

The Board is seeking fresh general mandates to issue and repurchase shares. The proposed Issue Mandate would authorise directors to allot and deal with up to 20% of the issued share capital, equal to 298.80 million shares based on the 1.49 billion shares outstanding as of 3 September 2026. A separate Repurchase Mandate would permit buy-backs of up to 10% of issued shares, or 149.40 million shares. Subject to both mandates being approved, the Board also requests authority to extend the Issue Mandate by the number of shares repurchased. Management currently has no plan to use either mandate.

Governance items include the re-election of executive director Xu Jing and independent non-executive director Dr Su Lixin, both of whom retire by rotation. The Audit Committee has recommended, and the Board endorses, the re-appointment of Asian Alliance (HK) CPA Limited as external auditor for the year ending 31 March 2027, with an anticipated audit fee of HK$0.72 million, unchanged from the prior year.

Shareholders will vote on extensive amendments to the existing memorandum and articles of association to incorporate updated Listing Rules covering the paperless listing regime, treasury share provisions, and the forthcoming uncertificated securities market framework. Adoption of an amended and restated memorandum and articles of association is proposed.

The register of members will be closed from 25 to 30 September 2026, inclusive, to determine eligibility to attend and vote. Shareholders must lodge transfers by 4:30 p.m. on 24 September 2026.

The AGM is scheduled for 10:00 a.m. on Wednesday, 30 September 2026 at Room 3302, 33/F, West Tower, Shun Tak Centre, 200 Connaught Road Central, Hong Kong.