Momentum Financial Sets 30 June 2026 AGM; Share Buy-Back and Issuance Mandates on Agenda

Bulletin Express
Jun 08

Momentum Financial Holdings Limited will convene its 2026 annual general meeting on 30 June 2026 at 02:00 p.m. (Units 5906-5912, 59/F, The Center, 99 Queen’s Road Central, Hong Kong). Key items to be put before shareholders include:

1. 2025 Financial Reporting • Adoption of the audited financial statements, directors’ report and independent auditor’s report for the year ended 31 December 2025.

2. Board Composition and Remuneration • Re-election of two executive directors—Mr Cao Wenbo and Mr Li Zilun. • Re-election of two independent non-executive directors—Mr Chen Yifan and Mr Ye Fei. • Authorisation for the board to set directors’ remuneration.

3. Auditor Re-appointment • Renewal of McMillan Woods (Hong Kong) CPA Limited as external auditor, with board-approved remuneration.

4. Share Capital Mandates (Ordinary Resolutions) • Share Repurchase Mandate: Authority for the board to repurchase up to 10% of the Company’s issued shares (excluding treasury shares) on the Hong Kong Stock Exchange or other recognised exchanges during the mandate period. • Share Issuance Mandate: Authority to allot, issue or deal with new shares—up to 20% of the existing issued share capital (excluding treasury shares)—and to grant related securities or options within the mandate period. • Extension Mandate: The total number of shares repurchased under the Repurchase Mandate may be added to the limit available under the Share Issuance Mandate.

5. Key Administrative Dates • Share register closure: 25 June 2026 – 30 June 2026 (both days inclusive). • Record date for AGM attendance and voting: 30 June 2026. • Proxy submission deadline: 48 hours before the meeting or any adjournment.

6. Contingency Arrangements • If Typhoon Signal No. 8 or above, a black rainstorm warning or “extreme conditions after super typhoons” is in force after 7:00 a.m. on 30 June 2026, the AGM will be postponed; a revised schedule will be announced on the Company’s website and HKExnews.

The current board comprises executive directors Mr Cao Wenbo and Mr Li Zilun, and independent non-executive directors Mr Sin Ka Man, Ms Liang Lina, Mr Chen Yifan and Mr Ye Fei.

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