ISP Holdings (ISP) Shareholders Approve 2026 Connected-Transaction Mandate, New Option Scheme and Bye-laws

Bulletin Express
May 15

On 15 May 2026, ISP Holdings Limited (ISP) announced that all resolutions tabled at its Special General Meeting (SGM) were passed by poll, clearing key corporate initiatives for execution.

Resolution Highlights 1. Connected Transactions: Independent shareholders approved the 2026 ISP Works Master Agreement—including the proposed annual caps—with 121.11 million votes in favour and none against. Controlling shareholder Mrs. Chu Yuet Wah, holding 338.28 million shares (44.24% of issued capital), abstained as required. 2. New Share Option Scheme: All shareholders unanimously endorsed the adoption of the new scheme and its mandate limit; 459.69 million votes (100%) supported the motion. 3. Bye-laws Update: A special resolution to adopt amended and restated bye-laws received full backing, with 459.69 million affirmative votes, comfortably surpassing the 75% threshold.

Participation Metrics • Total issued shares at the record date: 764.72 million. • Shares eligible to vote on resolutions 2 and 3: 764.72 million. • Shares eligible to vote on resolution 1 (excluding Mrs. Chu’s stake): 426.45 million. • All directors attended the meeting in person or electronically; vote-taking was scrutinised by Computershare Hong Kong Investor Services Limited.

Implications The approvals secure the legal framework for ISP to continue related-party works with its controlling shareholder group, implement a fresh equity-based incentive programme, and update corporate governance documents in line with prevailing regulatory standards.

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