Glorious Sun shareholders approve orders for key acquisitions

Glorious Sun Enterprises Limited (HK:0393) has released an update.

Glorious Sun Enterprises Limited announced the successful adoption of resolutions on revised mandates for the acquisition of CCB and ICBC at its Extraordinary General Meeting on May 24, 2024. The mandates, which allow for acquisitions worth up to HK$400 million each, were approved by an overwhelming majority, signaling strong shareholder support for the company’s strategic decisions.

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