China Tontine Wines Group (HK:0389) has released an update.
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At China Tontine Wines Group Limited’s Special General Meeting on September 30, 2024, shareholders voted on a series of resolutions, resulting in the removal of several directors and the appointment of new executive and independent non-executive directors. The resolutions passed with a majority of 69.02% votes in favor, indicating a significant shift in the company’s leadership. The voting process was conducted with shareholders attending both in person and electronically, and there were no abstentions or votes against the resolutions as per the company’s announcement.
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