GDS Holdings Ltd. (HK:9698) has released an update.
GDS Holdings Limited, a company with a weighted voting rights structure, has successfully passed all resolutions at its annual general meeting, including the re-election of directors and the appointment of KPMG Huazhen LLP as its independent auditor for the upcoming fiscal year. Shareholders approved the authorization for the Board to issue up to 30% additional equity over the next 12 months, signaling strong support for the company’s future initiatives. However, investors are cautioned about the influence wielded by the WVR beneficiary, which may not align with all shareholders’ interests.
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