Summary by Moomoo AI
New World Development held a special shareholders' meeting on August 22, 2024, and announced that the proposed resolution on the sale matters and the signing of a purchase agreement has been approved by independent shareholders. According to the announcements and correspondences on June 26, 2024, and August 2, 2024, the resolution was approved by an overwhelming majority with 321,153,169 votes (99.99%) in favor and 33,350 votes (0.01%) against. Chow Tai Fook Enterprises, its subsidiaries, and Dr. Cheng Kachun, among other related shareholders, gave up their voting rights in accordance with the listing rules, giving independent shareholders a voting power of 54.31%. Several directors, including Mr. Ma Shaoxiang and Ms. Zheng Zhiwen, were present in person or electronically at the shareholders' meeting, while Dr. Cheng Kachun and Dr. Zheng Zhigang were unable to attend.