Sino Hotels shareholders approve resolutions, including share buy-back mandate

At its annual general meeting held on October 22, 2025, Sino Hotels (Holdings) Limited announced that all resolutions put to a poll were duly approved by shareholders. Key ordinary resolutions passed included the adoption of the audited financial statements for the year ended June 30, 2025, and the declaration of a final dividend of HK$0.015 per ordinary share with an option for scrip dividend. Shareholders also re-elected Daryl Ng Win Kong, Hung Wai Man, and Rock Chen Chung-nin as directors and authorized the board to fix directors' remuneration.

Further ordinary resolutions approved included a share buy-back mandate of up to 10% of the company's issued shares, a share issue mandate of up to 20%, and the extension of the share issue mandate to shares bought back. A special resolution to amend the amended and restated memorandum and articles of association of the company also received shareholder endorsement.

The new memorandum and articles of association details the company's updated corporate governance framework. Resolutions passed with over 99.99% 'for' votes underscore strong shareholder confidence in the company's strategic decisions.