Royal Deluxe: All AGM Resolutions Secure Overwhelming Support; HK0.5-Cent Final Dividend Approved

Bulletin Express
Aug 21

Royal Deluxe Holdings Limited reported unanimous or near-unanimous shareholder support for every motion tabled at its Annual General Meeting (AGM) on 21 August 2026 in Hong Kong. All eight ordinary resolutions were passed by poll, underpinning continued strategic flexibility and confirming board composition for the year ahead.

1. Core Operating Matters • Shareholders representing 851.13 million votes (100.00%) adopted the audited consolidated results and directors’ and auditor’s reports for the financial year ended 31 March 2026. • BDO Limited was re-appointed as auditor with 100.00% approval, and the board was authorised to fix its remuneration.

2. Board Continuity • Executive directors Mr Wang Kei Ming and Mr Wang Yu Hin, together with independent non-executive directors Mr Huang Victor and Mr Fok Sheung Wai, were re-elected. Support ranged from 99.99% to 100.00% of votes cast, ensuring stability in governance. • The board also received a mandate to determine directors’ remuneration, backed by 100.00% of votes.

3. Capital Management and Dividend • A final dividend of HK0.5 cents per share was endorsed unanimously. Based on the 1.20 billion shares in issue at the AGM date, the distribution equates to approximately HK$6.00 million. • Shareholders granted the board a fresh 20% general mandate to issue new shares and a 10% mandate to repurchase shares, with an additional mandate to extend the issue limit by the amount of shares repurchased—all passed with 100.00% support.

4. Shareholder Participation & Voting Mechanics • Total shares in issue: 1.20 billion; votes cast: 851.13 million, implying a 70.93% voting turnout. • No shareholders were required to abstain, and no treasury or pending cancellation shares affected the tally. • Tricor Investor Services Limited acted as scrutineer for the poll.

The AGM was chaired by executive director Mr Wang Yu Hin and attended in person by key members of the board, reinforcing Royal Deluxe’s commitment to transparent governance and shareholder engagement.

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