Dah Sing Banking Group seeks share issuance mandate, director re-election

Dah Sing Banking Group (HKEX:2356) is seeking shareholder approval for a general mandate to issue up to 20% of its issued shares at its annual general meeting (AGM). If approved, this would allow the company to issue up to 281,150,426 shares based on the current total of 1,405,752,132 issued shares as of April 30, 2025. The AGM will also address the re-election of directors, including Mr. Gary Pak-Ling Wang, Mr. Robert Tsai-To Sze and Mr. Chak-Kwong So (Jack So). The company announced that Mr. David Wai-Hung Tam will retire and not offer himself for re-election. The AGM will be held at the Hong Kong Convention and Exhibition Centre. The record date for determining shareholders' rights to attend and vote is May 30, 2025. The record date for determining shareholders' entitlement to receive the proposed final dividend is June 10, 2025. The expected final dividend payment date is June 18, 2025.