Geely Automobile Holdings EGM to Decide Key Agreements

Geely Automobile Holdings (HK:0175) has released an update.

Geely Automobile Holdings Limited has announced an Extraordinary General Meeting set for October 10, 2024, where shareholders will vote on agreements involving the sale and purchase of complete knock down kits, complete buildup units, and automobile components with various subsidiaries and associated groups. The agreements, which could impact the financials through 2027, include setting annual caps for these transactions. The resolutions, if passed, will authorize directors to finalize all related documentation and actions.

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