Rare Earth Magnesium Technology Group Holdings Ltd. held its Annual General Meeting on 30 June 2025. During the meeting, several proposals were put to vote. The proposal to re-appoint auditors and authorize the Board to fix their remuneration was approved. A general mandate was granted to the Directors to repurchase the Company's own shares, not exceeding 10% of the issued share capital. Additionally, a mandate was approved to issue, allot, and deal with shares of the Company, not exceeding 20% of the issued share capital. Finally, the addition of the nominal amount of the shares repurchased by the Company to the mandate was also approved.
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.