Kunming Dianchi Water Treatment Co., Ltd. Class H (HK:3768) has released an update.
Kunming Dianchi Water Treatment Co., Ltd. has successfully passed a resolution to extend an entrusted loan of RMB180 million to Kunming Urban Investment, with over half the voting rights at the Extraordinary General Meeting (EGM) cast in favor. The EGM, held on June 4, 2024, saw a high turnout with approximately 89.47% of the total issued shares represented by shareholders or their proxies. The company’s Board and all Directors were present, underscoring the importance of the decision for the future financial planning of the firm.
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