Towngas Smart Energy Proposes New Articles to Enable Paperless Communications and Treasury Shares

Reuters

Mar 18

Towngas Smart Energy Proposes New Articles to Enable Paperless Communications and Treasury Shares

Towngas Smart Energy plans to replace its existing memorandum and articles of association with a new set, subject to shareholder approval by special resolution. The proposed changes include updates to reflect Hong Kong listing rule amendments on a paperless listing regime, including electronic communications from shareholders and electronic payment of corporate action proceeds. The amendments also propose to expressly allow the company to hold and use treasury shares, subject to Cayman Islands law and listing rules. The proposal will be put to shareholders at the company’s annual general meeting on May 27, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Towngas Smart Energy Company Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260318-12057040), on March 18, 2026, and is solely responsible for the information contained therein.

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The proposed changes include updates to reflect Hong Kong listing rule amendments on a paperless listing regime, including electronic communications from shareholders and electronic payment of corporate action proceeds. The amendments also propose to expressly allow the company to hold and use treasury shares, subject to Cayman Islands law and listing rules. The proposal will be put to shareholders at the company’s annual general meeting on May 27, 2026.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Towngas Smart Energy Company Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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