Nameson Holdings sets AGM, proposes auditor change and share mandates

Nameson Holdings Limited is set to hold its annual general meeting (AGM) on Monday, 29 September 2025, to consider several key resolutions. Shareholders will vote on the re-election of directors, including the continuous appointment of Fan Chiu Fun, Fanny, an independent non-executive director who has served for over nine years. The appointment of Sun Po Yuen as a new independent non-executive director, and the authorization for the board to fix director remuneration, are also on the agenda.

A notable proposal involves the change of auditors, with KPMG recommended for appointment following the retirement of PricewaterhouseCoopers due to an inability to reach a consensus on remuneration for the financial year ending 31 March 2026. The audit committee and board have assessed KPMG's suitability, including their experience, audit fees, and independence.

Furthermore, shareholders will consider granting general mandates for the issuance and resale of treasury shares, up to 20% of existing shares (455,878,400 shares based on current capital), and a share repurchase mandate for up to 10% of issued shares. Proposed amendments to the company's articles of association, reflecting paperless listing, online participation, and a new treasury shares regime, will also be put to a special resolution vote.