China Overseas Land & Investment Limited to Hold General Meeting on Secured Loan Framework Agreement
Key Points for Investors:
- The Board of China Overseas Land & Investment Limited (“the Company”, Stock Code: 688) has announced a General Meeting to seek shareholder approval for a significant Secured Loan Framework Agreement and its associated transactions.
- The General Meeting will be held virtually via the eVoting Portal on Wednesday, 24 June 2026, at 11:30 a.m.
- The meeting will immediately follow the Annual General Meeting scheduled for the same day at 11:00 a.m.
Details of the Resolution
The primary agenda item for the General Meeting is the approval, confirmation, and ratification of the Secured Loan Framework Agreement (as defined in the Company’s circular dated 1 June 2026). The Board is seeking shareholder approval for:
- The agreement itself and all transactions contemplated under it.
- The implementation of the agreement, including execution of necessary documents and actions by any Director.
- The proposed Cap (maximum transaction value) for the period between 1 July 2026 and 30 June 2029.
Shareholder Information & Actions Required
- All registered shareholders can attend and vote at the General Meeting via the eVoting Portal, accessible from any internet-enabled device.
- Non-registered shareholders should consult their banks, brokers, custodians, or the Hong Kong Securities Clearing Company Limited to arrange access and voting rights for the virtual meeting, if desired.
- Shareholders entitled to attend and vote may appoint a proxy (who need not be a shareholder) to vote on their behalf. Proxy forms must be submitted to Tricor Investor Services Limited, not less than 48 hours before the meeting.
- In the case of joint shareholders, only one set of login credentials for the eVoting Portal will be provided, and any one joint holder may vote.
- The register of members will be closed from 18 June to 24 June 2026 (both days inclusive). To be eligible to vote, all share transfers must be registered by 4:30 p.m. on 17 June 2026.
- All voting on the resolution will be conducted by poll, in accordance with Hong Kong Listing Rules, with results announced on the Company’s and the Stock Exchange’s websites.
Potentially Price-Sensitive Information
- The approval of the Secured Loan Framework Agreement and its Cap for the next three years could have significant implications on the Company’s financial position, liquidity, and future investment or financing activities.
- If shareholders approve the resolution, the Company will be authorized to enter into secured loan transactions up to the proposed Cap, which may impact leverage, interest expenses, and overall financial risk.
- Failure to pass the resolution may restrict the Company’s ability to undertake planned secured loan transactions, possibly affecting future operations or expansion plans.
Other Important Information
- If extreme weather (such as a black rainstorm warning or typhoon signal No. 8 or above) is in effect at or after 8:00 a.m. on the meeting day, the meeting may be postponed. The Company will notify shareholders of any changes via its website and the Stock Exchange’s website.
- Any short-notice changes to meeting arrangements will be announced without issuing a new notice. Shareholders are advised to check the Company’s website regularly for updates.
- The Chinese version of the notice is for reference only; the English version prevails in case of discrepancies.
Board of Directors
As of the notice date, the Company’s Board comprises Mr. Yan Jianguo (Chairman), Mr. Zhang Zhichao (Chief Executive Officer), Mr. Guo Guanghui (Executive Directors), Mr. Zhuang Yong (Vice Chairman), Mr. Ma Yao (Non-executive Directors), and Mr. Li Man Bun, Brian David, Professor Chan Ka Keung, Ceajer, and Dr. Chan Ching Har, Eliza (Independent Non-executive Directors).
Disclaimer: The information above is provided for informational purposes only and does not constitute investment advice. Investors should review all official documents and consult with professional advisors before making investment decisions. The actual impact on share price will depend on market perception, the specifics of the Secured Loan Framework Agreement, and other external factors.
中國海外發展有限公司召開股東大會審議擔保貸款框架協議
投資者重點須知：
- 中國海外發展有限公司（「公司」，股份代號：688）董事會宣布，將召開股東大會，尋求股東批准一份重要的擔保貸款框架協議及相關交易。
- 大會將於2026年6月24日（星期三）上午11時30分以虛擬方式舉行。
- 本次會議將緊接同日早上11時舉行的年度股東大會之後召開。
決議詳細內容
本次股東大會的主要議程為批准、確認及追認公司於2026年6月1日通函所載之擔保貸款框架協議及其下所有擬進行的交易。具體包括：
- 批准該協議及其下所有相關交易。
- 授權任何一位董事辦理協議下所需的一切文件及行動。
- 批准2026年7月1日至2029年6月30日期間的最高交易限額（Cap）。
股東注意事項及所需行動
- 所有登記股東均可透過eVoting Portal出席及投票，無論身處任何地方，只需有網絡設備即可。
- 非登記股東須聯絡其銀行、券商、託管人或香港中央結算有限公司，安排出席及投票權限。
- 有權出席及投票的股東可委任一位或多位代表（無需為股東）投票。委任表格須於會議前不少於48小時送達卓佳證券登記有限公司。
- 聯名股東僅會獲發一組登入賬戶資料，任何一位可代表全部股份投票。
- 股份登記冊將於2026年6月18日至6月24日（包括首尾兩日）關閉，所有過戶必須於2026年6月17日下午4時30分前辦理完成。
- 所有決議將以投票表決，並依上市規則公布結果。
潛在價格敏感事項
- 批准該擔保貸款框架協議及未來三年Cap，有可能對公司財務狀況、流動性及未來融資/投資活動產生重大影響。
- 若獲批准，公司可於協議下進行擔保貸款，最多至核准Cap，或會影響槓桿、利息開支及整體財務風險。
- 倘若決議未獲通過，公司將受限於未能進行有關擔保貸款，或影響未來營運或擴展計劃。
其他重要事項
- 如當天8時後懸掛黑色暴雨或八號（或以上）颱風信號，公司或會延期舉行股東大會，並會於公司及聯交所網站公布最新安排。
- 如需臨時調整會議安排，公司將於網站公布，無需另發新通知。
- 中文譯本僅供參考，如有歧異，以英文版本為準。
董事會成員
截至本通知日期，董事會包括：閻劍剛先生（主席）、張智超先生（首席執行官）、郭光輝先生（執行董事）、莊勇先生（副主席）、馬堯先生（非執行董事）、李文斌先生、陳家強教授、陳青霞博士（獨立非執行董事）。
免責聲明： 以上資訊僅供參考，並不構成投資建議。投資者應仔細閱讀公司官方文件，並諮詢專業顧問作出投資決定。有關協議的細節及市場反應等外部因素均可能影響股價。
