Poly Property Group Co., Limited reported that all resolutions tabled at its 17 June 2026 annual general meeting were passed by poll. The meeting covered fiscal-year financial statements, director re-elections, auditor appointment, a final dividend and refreshed share mandates.
Key takeaways
1. Full approval of FY 2025 results • Audited consolidated financial statements and accompanying directors’ and auditor’s reports for the year ended 31 December 2025 secured 99.35% of votes in favour (2.14 billion shares).
2. Final dividend cleared • A final dividend for FY 2025 was approved with 99.50% support (2.15 billion shares). The quantum of the dividend was not detailed in the announcement.
3. Board composition affirmed • All six directors standing for re-election were returned with approval rates between 97.49% and 98.25%. • The board is also authorised (98.24% support) to determine directors’ remuneration.
4. Auditor re-appointment • BDO Limited was re-appointed as external auditor, receiving 94.16% of votes in favour (2.03 billion shares). The board is authorised to fix its remuneration.
5. Capital management flexibility retained • Issuance mandate: Shareholders granted the board authority to allot and issue up to 20% of issued share capital, backed by 89.93% of votes (1.94 billion shares). • Repurchase mandate: A separate mandate to buy back shares up to 10% of issued capital passed with 98.28% support (2.12 billion shares). • Extension mandate: The issue mandate can be extended by the number of shares repurchased; this resolution also attracted 89.93% approval.
Additional details
• Total shares eligible to vote: 3.82 billion. • No shareholders were required to abstain, and no votes were excluded from the count. • All directors attended the meeting, and Computershare Hong Kong Investor Services acted as scrutineer.
With these approvals, Poly Property maintains full board continuity, secures auditor continuity, and retains financial flexibility through refreshed issuance and buy-back mandates for the coming year.