Enviro Energy International Holdings Limited Announces Extraordinary General Meeting

Enviro Energy International Holdings Limited (“EEIHL”, Stock Code: 1102) has issued a formal notice to shareholders regarding an upcoming Extraordinary General Meeting (EGM) scheduled for 26 March 2026, at 12:00 p.m. The meeting will be held at Units 1201–03, 12/F., Podium Plaza, 5 Hanoi Road, Tsim Sha Tsui, Kowloon, Hong Kong.

Key Resolutions to be Voted on at the EGM

• Approval of Major Acquisition:
  • Shareholders will be asked to approve, ratify, and confirm a Sale and Purchase Agreement dated 28 July 2025 between EEIHL and certain Vendors. This agreement relates to a significant acquisition described in the Circular dated 10 March 2026.
  • The acquisition is subject to specific conditions precedent, as outlined in the letter from the board under “Conditions precedent” in the Circular.
• Issuance of Consideration Shares:
  • If the acquisition is approved, the Directors will seek a Specific Mandate to allot and issue new shares (“Consideration Shares”) as part of the purchase price for the acquisition.
  • This mandate will be in addition to any previously granted mandates and will not affect them.
  • The issuance of Consideration Shares is contingent on approval by the Listing Committee of The Stock Exchange of Hong Kong Limited.
• Authorization of Directors:
  • One or more Directors will be authorized to take all necessary actions and sign documents (including affixing the Company’s common seal) to implement the acquisition and related agreements.

Important Shareholder Information

• Proxy Voting:
  • Shareholders unable to attend the EGM in person may appoint one or more proxies to vote on their behalf. Proxies do not need to be shareholders.
  • In the case of joint shareholdings, only the first-named holder on the register will be entitled to vote if they are present.
  • The completed and signed proxy form must be deposited with Tricor Investor Services Limited at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong no later than 48 hours before the meeting.
  • Attending the EGM personally revokes any submitted proxy forms.
• Share Transfer Deadline:
  • To qualify to vote at the EGM, share transfers along with relevant certificates must be lodged with Tricor Investor Services Limited by 4:30 p.m. on Friday, 20 March 2026.
  • The Register of Members will be closed from Monday, 23 March 2026 to Thursday, 26 March 2026 (both days inclusive), and no share transfers will be processed during this period.
• Voting Method:
  • All resolutions at the EGM will be decided by way of poll.

Potential Price-Sensitive and Share Price Impact

• Major Acquisition: The approval of a significant acquisition and the issuance of new shares as payment could materially affect EEIHL’s business operations, financial position, and share structure. These developments are typically considered price-sensitive, as they may influence investor sentiment and the Company’s valuation.
• Share Dilution Risk: The issuance of Consideration Shares will increase the number of shares outstanding, which may dilute the holdings of existing shareholders unless offset by significant value creation from the acquisition.
• Regulatory Approval Required: The transaction and share issuance are subject to approval by the Hong Kong Stock Exchange’s Listing Committee, introducing regulatory risk and uncertainty.

Board Composition

As of the announcement date, EEIHL’s Board comprises three executive directors (Mr. Wu Wei – Chairman, Mr. Lai Dexing, and Mr. Cao Zhongshu), one non-executive director (Mr. Jiang Senlin), and three independent non-executive directors (Ms. Xie Jiayang, Mr. Zhang Xiaoqiang, and Mr. Pan Yongye).

Conclusion

Investors should carefully review the details of the proposed acquisition and the terms under which new shares may be issued. Attendance and voting at the EGM is strongly recommended, as approval or rejection of these resolutions may significantly impact the Company’s future direction and share performance.

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any securities. Investors are advised to consult the official Circular and seek independent professional advice before making any investment decisions related to Enviro Energy International Holdings Limited.

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