Shareholder Activism Intensifies Ahead of Asia Television Holdings' EGM on August 27, 2025
Reuters
Jul 24
Shareholder Activism Intensifies Ahead of Asia Television Holdings' EGM on August 27, 2025
Asia Television Holdings Limited has announced its intention to hold an Extraordinary General Meeting (EGM) on August 27, 2025, following a requisition by Oriental Textile Products Limited to convene a separate EGM. The company emphasized that the Board has adhered to all procedural requirements, setting the date during a meeting on July 17, 2025. The Board has communicated that shareholders should disregard any conflicting notices issued by the Requisitionist, affirming that only resolutions proposed at the Board-convened EGM will be considered valid. Asia Television Holdings Limited is seeking legal counsel to address the Requisitionist's actions. Key figures on the Board include Executive Director Tang Po Yi, along with executive directors Liu Minbin, Zha Mengling, and Lu Zhiqiang. Independent non-executive directors include Han Xingxing, Li Yu, and Lau Jing Yeung William.
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