Summary by Futu AI
MARCO DIGITAL ISSUED A SUPPLEMENTAL AND CLARIFYING NOTICE ON 24 MAY 2024 CONCERNING ITS CIRCULAR DATED 26 APRIL 2024 CONCERNING MATTERS SUCH AS GENERAL MANDATES TO ISSUE NEW SHARES, REPURCHASE OF SHARES, RE-ELECTION OF DIRECTORS AND ADOPTION OF NEW ORGANIZATIONAL ARTICLES OF ASSOCIATION. The company will hold its Annual General Meeting on June 27, 2024. The announcement clarifies the definitions of general licenses, extended licenses and repurchases, and amends the relevant resolutions. The amendment includes the definition of repurchase authorization, which means that directors can repurchase up to 10% of the issued shares and a maximum of 20% for the general authorization to issue new shares. In addition, the announcement mentions the exchange's new stock-share system to be implemented on June 11, 2024, which will allow listed...Show More