Summary by Futu AI
At the shareholder's annual meeting held on June 21, 2024, China Overseas Development Limited passed all proposals. These included the approval of the annual financial statements, director's report and independent auditor's report for the year ended December 31, 2023, as well as the declaration of a final dividend of HKD 0.45 per share. In addition, the meeting also conducted the re-election of directors, including Mr. Yan Jianguo, Mr. Zhao Wenhai, Professor Chan Ka Keung and Dr. Chan Ching Ha, and authorized the Board of Directors to determine director remuneration and re-appoint Ernst & Young as the auditor. Shareholders also approved the general and unconditional authorization to grant directors the authority to repurchase up to 10% of the issued shares and issue, distribute, and dispose of new shares totaling no more than 10% of the issued shares. All resolutions were passed with more than 50% of the share votes in favor, and no shareholders abstained from voting. All directors attended the meeting in person or via electronic means.