Feiyu Technology International Company Ltd. (HK:1022) recently announced an update regarding their Annual General Meeting (AGM) held on 24 May 2024. During the meeting, all proposed resolutions, including the re-election of directors, the authorization of director remuneration, and the re-appointment of auditors, were unanimously approved by the shareholders.
In addition to approving these resolutions, shareholders also granted mandates for share repurchases up to 10% and the issuance of additional shares not exceeding 20% of issued shares. These mandates received nearly unanimous support from the shareholders present at the meeting.
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