Global Engine Group Holding Limited ( (GLE) ) has provided an announcement.
On March 13, 2025, Global Engine Group Holding Limited entered into a proxy agreement involving its CEO, Andrew Lee Yat Lung, and three shareholders: Rosy Depot Limited, Best Digital Developments Limited, and Cosmic Solution Group Limited. These shareholders collectively hold 19.2% of the company’s ordinary shares. The agreement grants Mr. Lee the power to exercise all voting rights on behalf of these shareholders for a period of 24 months, potentially consolidating decision-making power and impacting the company’s governance structure.
More about Global Engine Group Holding Limited
Global Engine Group Holding Limited is a company based in the British Virgin Islands, with its principal executive office located in Hong Kong. The company operates in the engine manufacturing industry, focusing on producing and distributing engine components and related products.
YTD Price Performance: 15.13%
Average Trading Volume: 89,307
Technical Sentiment Consensus Rating: Strong Buy
Learn more about GLE stock on TipRanks’ Stock Analysis page.
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