Royal Deluxe Holdings to Seek Shareholders' Nod to Renew Connected Transactions with Director-Linked Firms

MT Newswires Live

Apr 21, 2025

Royal Deluxe Holdings (HKG:3789) wiill be seeking shareholders' nod to renew framework agreements with GT Material and GT Scaffolding, both wholly owned by Ann Wang, who is closely related to its three directors.

These transactions qualify as continuing connected transactions under Listing Rules Chapter 14A and require independent shareholder approval since their percentage ratios exceed 5%, according to its bourse filing last Friday.

Directors Wang Kei Ming, Chao Lai Heng, and Wang Yu Hin are abstaining from voting due to their material interest in the deals, while all other directors confirmed no conflicts.

The company will soon dispatch a circular detailing the agreements and convene an extraordinary general meeting for shareholder approval within 15 business days.

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

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2529810722"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2529810722\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2529810722?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-21 11:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2529810722","market":"fut","top_or_hot":-1,"title":"Royal Deluxe Holdings to Seek Shareholders' Nod to Renew Connected Transactions with Director-Linked Firms","media":"MT Newswires Live","content":"<html><body><p> Royal Deluxe Holdings (HKG:3789) wiill be seeking shareholders' nod to renew framework agreements with GT Material and GT Scaffolding, both wholly owned by Ann Wang, who is closely related to its three directors.</p><p>These transactions qualify as continuing connected transactions under Listing Rules Chapter 14A and require independent shareholder approval since their percentage ratios exceed 5%, according to its bourse filing last Friday.</p><p>Directors Wang Kei Ming, Chao Lai Heng, and Wang Yu Hin are abstaining from voting due to their material interest in the deals, while all other directors confirmed no conflicts.</p><p>The company will soon dispatch a circular detailing the agreements and convene an extraordinary general meeting for shareholder approval within 15 business days.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Royal Deluxe Holdings to Seek Shareholders' Nod to Renew Connected Transactions with Director-Linked Firms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoyal Deluxe Holdings to Seek Shareholders' Nod to Renew Connected Transactions with Director-Linked Firms\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-04-21 11:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Royal Deluxe Holdings (HKG:3789) wiill be seeking shareholders' nod to renew framework agreements with GT Material and GT Scaffolding, both wholly owned by Ann Wang, who is closely related to its three directors.</p><p>These transactions qualify as continuing connected transactions under Listing Rules Chapter 14A and require independent shareholder approval since their percentage ratios exceed 5%, according to its bourse filing last Friday.</p><p>Directors Wang Kei Ming, Chao Lai Heng, and Wang Yu Hin are abstaining from voting due to their material interest in the deals, while all other directors confirmed no conflicts.</p><p>The company will soon dispatch a circular detailing the agreements and convene an extraordinary general meeting for shareholder approval within 15 business days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1148","symbol_name":"建筑与工程","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2529810722","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529810722","pubTimestamp":1745207287,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Royal Deluxe Holdings  wiill be seeking shareholders' nod to renew framework agreements with GT Material and GT Scaffolding, both wholly owned by Ann Wang, who is closely related to its three directors.These transactions qualify as continuing connected transactions under Listing Rules Chapter 14A and require independent shareholder approval since their percentage ratios exceed 5%, according to its bourse filing last Friday.Directors Wang Kei Ming, Chao Lai Heng, and Wang Yu Hin are abstaining from voting due to their material interest in the deals, while all other directors confirmed no conflicts.The company will soon dispatch a circular detailing the agreements and convene an extraordinary general meeting for shareholder approval within 15 business days.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1148":"建筑与工程","DLX":"豪华","BK4588":"碎股","03789":"御佳控股","BK4585":"ETF&股票定投概念","LU0345780521.USD":"NINETY ONE GSF GLOBAL GOLD \"A\" (USD) INC","LU0345780281.USD":"NINETY ONE GSF GLOBAL GOLD \"A\"  ACC","BK4087":"商业印刷","RGLD":"皇家黄金","BK4017":"黄金"},"translate_title":"Royal Deluxe Holdings将寻求股东批准与董事关联公司续签关连交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DLX":1,"03789":0.9,"RGLD":1},"content_text":"Royal Deluxe Holdings (HKG:3789) wiill be seeking shareholders' nod to renew framework agreements with GT Material and GT Scaffolding, both wholly owned by Ann Wang, who is closely related to its three directors.These transactions qualify as continuing connected transactions under Listing Rules Chapter 14A and require independent shareholder approval since their percentage ratios exceed 5%, according to its bourse filing last Friday.Directors Wang Kei Ming, Chao Lai Heng, and Wang Yu Hin are abstaining from voting due to their material interest in the deals, while all other directors confirmed no conflicts.The company will soon dispatch a circular detailing the agreements and convene an extraordinary general meeting for shareholder approval within 15 business days.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}