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Crown International Corporation Limited ( (HK:0727) ) just unveiled an announcement.
Crown International Corporation Limited held an Extraordinary General Meeting (EGM) on January 10, 2025, where several critical resolutions were voted on by shareholders. The resolutions included granting a general mandate to directors to issue new shares and the removal of Mr. Chan Yuk Charm as an executive director, both of which passed with significant support. However, the proposal to change the company’s name to Capital International Group Limited did not secure the required 75% majority, and thus was not approved. The outcomes of these votes have implications for the company’s governance and strategic direction, particularly with the removal of an executive director and the continuation of its current corporate identity.
More about Crown International Corporation Limited
YTD Price Performance: -20.0%
Average Trading Volume: 7,051,305
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$466.3M
For an in-depth examination of 0727 stock, go to TipRanks’ Stock Analysis page.
