Summary by Moomoo AI
China Mobile Limited (“China Mobile”) will hold its Annual General Meeting on 22 May 2024 at the Grand Hyatt Hotel, Hong Kong. The meeting will discuss issues including repurchase warrants, re-election of directors, external guarantees and notices of the Annual General Meeting. The repurchase authorization shall entitle the Company to repurchase no more than 10% of the issued number of Hong Kong shares and shall be terminated at the next Annual General Meeting or the statutory term. In addition, the Company plans to provide additional guarantees of not more than RMB18.7 billion for some subsidiaries with a balance sheet ratio of more than 70%. The Annual General Meeting will also hold the re-election of directors, which will include the consecutive appointments of Executive Director Yang Jie, Ho Yin and Dr. Yang Qiang, Independent Non-Executive Director. The Notice of Meeting and related documents was issued on 29 April 2024 and made available to all shareholders.
