Summary by Moomoo AI
POWER DEVELOPMENT GROUP LIMITED (“POWER DEVELOPMENT”) SUCCESSFULLY HELD ITS 2023 ANNUAL GENERAL MEETING ON MAY 7, 2024. ALL PROPOSALS WERE APPROVED AT THE MEETING. Includes the audit and adoption of the audited consolidated financial statements, Board reports and auditor's reports for the year ended 31 December 2023, and declared a final dividend of HK$0.05 per share. In addition, the meeting re-elected Mr. Li Bo as Executive Director and Mr. Chan Kwong Nat and Ms. Xue Wai as Independent Non-Executive Directors. The shareholders also approved authorizing the Board of Directors to determine the remuneration of directors, to reappoint the KPMG as auditor, and to authorize the Board to determine its remuneration. The Directors are authorized to issue and repurchase the Company's shares and have approved amendments to the Company's Articles of Association and the Articles of Association. The supervision of the Annual General Meeting is carried out by the Hong Kong Central Securities Registry Limited to ensure the accuracy of the voting process.