Tongda Hong Tai Holdings Limited will convene its 2026 annual general meeting (AGM) on 7 May 2026 (09:30, Suite 710-713, 7/F, 12 Taikoo Wan Road, Hong Kong). Shareholders must lodge transfer documents by 16:00 on 30 April 2026; the register will be closed from 4 May to 7 May. Proxy forms are due by 09:30 on 5 May 2026.
Key resolutions:
1. General Mandates • Issuance mandate: Directors seek authority to allot and issue up to 20% of issued shares (excluding treasury shares) as at the AGM date, equivalent to a maximum of 40.84 million new shares (based on the 204.22 million shares in issue at 9 April 2026). • Repurchase mandate: Authority to buy back up to 10% of issued shares (20.42 million shares). Repurchased shares may be cancelled or held as treasury stock. • Extension mandate: Number of shares repurchased under the above authority can be added to the issuance limit, subject to the 10% cap.
2. Director Re-elections • Mr Chan Shiu Man (Executive Director and Chairman). Remuneration: HK$18,000 per month; contract term of one year from 2 December 2025, renewable, with three-month notice for termination. • Ms Kwok Sau King Tina (Independent Non-Executive Director). Remuneration: HK$8,000 per month; contract term of one year from 18 December 2025, renewable, with three-month notice for termination.
3. Other Ordinary Business • Adoption of FY2025 audited financial statements. • Authorisation of directors’ remuneration. • Re-appointment of the Company’s auditors and approval of their fees.
Capital and Ownership Snapshot (as of 9 April 2026): • Issued shares: 204.22 million. • Largest shareholder: Landmark Worldwide Holdings Limited, 18.70 million shares (9.16%). Full utilisation of the buy-back mandate would raise Landmark’s stake to 10.18%, potentially triggering a Takeovers Code mandatory offer; the board currently has no intention to repurchase to such an extent.
Recent Share-Price Range (HK$): • Apr 2025–Mar 2026 high: 0.44; low: 0.26.
The board recommends shareholders to vote in favour of the proposed mandates and director re-elections. Voting will be conducted by poll, with results announced post-meeting.