New World Development (HK:0017) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
New World Development Company Limited successfully passed a resolution for a significant Disposal and Sale and Purchase Agreement with overwhelming support, receiving 99.99% approval from Independent Shareholders at their Extraordinary General Meeting on August 22, 2024. The resolution authorizes directors to execute necessary documents to finalize the transactions. The decision marks a pivotal move for the company, with certain major shareholders abstaining from the vote in compliance with regulatory guidelines.
For further insights into HK:0017 stock, check out TipRanks’ Stock Analysis page.