Summary by Futu AI
At the annual shareholder meeting of Nagacorp Ltd. held on June 27, 2024, all proposed resolutions were approved. These resolutions included the review of the financial statements, directors' report and independent auditor's report of the Company and its subsidiaries for the year ended December 31, 2023, as well as the re-election of directors and authorization of the Board of Directors to determine director's remuneration. During the meeting, the Directors were also granted a general mandate to issue, allot and deal with up to an additional 20% of the total number of issued shares, and to repurchase up to 10% of the total number of issued shares. The poll work of the annual shareholder meeting was conducted by Hong Kong Securities Clearing Company Limited. All resolutions were passed with more than 50% of the shareholders' votes in favor, demonstrating the support of the shareholders for the Company's management.