Hysan Development Company Limited will convene its 2026 Annual General Meeting (AGM) on 5 June 2026 at 3:00 p.m., adopting a hybrid format at the Hong Kong Convention and Exhibition Centre and online via an eVoting portal.
Key agenda items:
1. Financial Statements • Shareholders will receive and consider the audited accounts for the year ended 31 December 2025 together with the directors’ and auditor’s reports.
2. Board Composition • Directors are slated for re-election; individual names were not specified in the notice.
3. Committee Remuneration (effective 1 July 2026) • Audit & Risk Management Committee member fee: HK$120,000 per annum. • Remuneration Committee: chairman HK$80,000; member HK$50,000. • Sustainability Committee: chairman HK$55,000; member HK$33,000. • Fees will remain in place until amended by shareholders.
4. Auditor Re-appointment • Deloitte Touche Tohmatsu is nominated to continue as external auditor, with directors authorised to fix remuneration.
5. General Mandate to Issue Shares • Directors may allot and issue new shares up to 10% of the company’s issued share capital during the mandate period. • Any issuance price cannot exceed a 10% discount to the benchmarked price (defined as the higher of the issue-day close or the five-day average close preceding key dates). • The mandate extends to offers, agreements or options granted within the period.
6. Share Repurchase Mandate • Authority sought to repurchase up to 10% of issued shares on the Hong Kong Stock Exchange during the mandate period.
7. Adoption of Amended Articles • Shareholders will vote on comprehensive amendments to the Articles of Association and the adoption of a new set of Articles.
Administrative details:
• Shareholders on record as of 5 June 2026 may vote, with the register closed from 1–5 June 2026 for share transfers. • Voting will be conducted by poll; on-site participants will use electronic devices, while remote participants may vote in real time online. • Shareholders may appoint proxies; proxy forms must reach Tricor Investor Services by 3:00 p.m. on 3 June 2026. • Contingency plans are in place for adverse weather or extreme conditions.
The notice was issued by Chairman Lee Irene Yun-Lien on 31 March 2026 and is available on the company and HKEX websites.