HKR Int'l Sets 8 Oct 2026 EGM to Approve Sale of Entire Equity Interest in Target Company

Bulletin Express
Sep 16

Hong Kong-based developer HKR International Limited has scheduled an Extraordinary General Meeting (EGM) for 3:00 p.m. on 8 October 2026 at Auberge Discovery Bay Hong Kong. Shareholders will vote on a single ordinary resolution to ratify and approve a share purchase agreement (SPA) covering the disposal of the company’s entire equity interest in an unnamed Target Company.

Key details of the proposed resolution: • Approval of the SPA and all transactions contemplated under it, classified as both a discloseable and connected transaction. • Authorisation for any director—excluding Mr Victor Cha, Ms Madeline Wong, Mr Johnson Cha and Mr Benjamin Cha—to execute all actions deemed necessary to implement the SPA, including non-material amendments.

Timetable and procedural information: • Record date: 8 October 2026. • Share transfer books closed: 5–8 October 2026. Transfers must be lodged by 4:30 p.m. on 2 October 2026 with Computershare Hong Kong Investor Services Limited to qualify for attendance and voting rights. • Proxy forms must be deposited at Computershare’s Investor Centre by 3:00 p.m. on 6 October 2026, 48 hours before the meeting. • Registration on the meeting day opens at 2:15 p.m.

No refreshments, gifts, or transportation will be provided at the EGM. The company will issue further announcements should severe weather disrupt meeting plans.

As of 17 September 2026, HKR Int’l’s Board comprises Executive Chairman and Managing Director Victor Cha, Non-executive Deputy Chairman Madeline Wong, two executive directors, two non-executive directors, and five independent non-executive directors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10