China Mengniu Dairy's AGM: financial statements and dividends approved, share issuance rejected
Source: The DairyNews
China Mengniu Dairy Company Limited (HK:2319) has provided an update following its Annual General Meeting (AGM) held on June 12, 2024. During the meeting, shareholders approved most resolutions with a significant majority. Key resolutions passed include the adoption of audited financial statements, the approval of a final dividend, and the re-election of directors.
However, a resolution to allot and issue additional shares did not receive the necessary support. Additionally, shareholders approved a special resolution concerning the proposed amendments and the adoption of new company articles.
This AGM reflects strong shareholder support for the company's current strategy and management, despite the rejection of the proposal for additional share issuance.
