BII Railway Transportation Technology Holdings Co., Ltd. (HK:1522) has released an update.
BII Railway Transportation Technology Holdings Co., Ltd. announced unanimous approval of all resolutions at their Annual General Meeting held on June 26, 2024, including the adoption of financial statements, director re-elections, and share repurchase and issuance mandates. Shareholders voted 100% in favor of the audited financial statements, dividend payments, and re-appointments of directors and auditors, illustrating strong shareholder confidence. Additionally, the company received overwhelming support for the repurchase of up to 10% of its shares and the issuance of up to 20% additional shares.
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