Central Dev H: Shareholders Unanimously Approve AGM Resolutions; Executive Director Tang Shukuan Retires

Bulletin Express
Sep 10

Central Development Holdings Limited (“Central Dev H”) announced that all nine ordinary resolutions tabled at its 2026 Annual General Meeting on 10 September 2026 were approved by poll with 100% of votes cast in favour.

The resolutions covered: • Adoption of the audited consolidated financial statements for the year ended 31 March 2026. • Re-election of executive directors Wu Hao and Hu Yangjun, and independent non-executive director Zhong Yingjie, Christina. • Authorization for the board to set directors’ remuneration. • Re-appointment of CLA Prism Hong Kong Limited as external auditor with board-determined remuneration. • Granting of general mandates to issue new shares, repurchase up to 10% of issued shares, and extend the issue mandate by the amount of repurchased shares.

A total of 352.06 million votes—representing 100% of votes cast—supported each resolution, with no votes recorded against. The company had 499.58 million issued shares eligible to vote, and no shareholders were required to abstain or had signaled intentions to vote against any item.

Simultaneously, Mr. Tang Shukuan retired as executive director at the conclusion of the AGM due to changes in his work arrangements and personal commitments. He confirmed no disagreements with the board. The board expressed gratitude for his contributions.

Following Mr. Tang’s departure, the board comprises four executive directors—Wu Hao, Hu Yangjun, Li Wei Qi, Jacky and Zhang Bing—and three independent non-executive directors—Jin Qingjun, Zhong Yingjie, Christina, and Lan Yadong.

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