Summary by Moomoo AI
New World Development Limited will hold its shareholders' annual general meeting on November 7, 2024, at 53rd and 4th floors of New World Centre, 30 Harbour Road, Hong Kong. The meeting will discuss topics including share buyback authorization, issuance authorization, and re-election of directors. The share buyback authorization will allow the company to repurchase up to 10% of the total number of issued shares, while the issuance authorization will permit the company to issue new shares within a specified period. In addition, directors including Adrian Cheng, Henry Cheng, Edmond Kwok, Keith Kerr, Donald Tong, Edwin Liu, and Fung Sau-yim will retire and seek re-election at the meeting. Shareholders who are unable to attend in person must submit a proxy appointment form by November 5, 2024. The decisions made at this meeting will have a significant impact on the company's share structure and future development direction.