COSCO SHIPPING Energy Secures Shareholder Approval for All EGM Resolutions

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2026.01.27 12:09
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COSCO SHIPPING Energy Transportation Co. announced that all resolutions at its extraordinary general meeting on January 27, 2026, were approved by poll. Due to significant shareholdings, COSCO SHIPPING and its subsidiary abstained from voting on related resolutions, with about 699 million shares represented, reflecting a 12.8% participation rate. All directors attended, and the voting was overseen by an independent scrutineer. The latest analyst rating for the stock (HK:1138) is a Buy with a price target of HK$15.00. The company focuses on energy transportation and is part of the COSCO SHIPPING group.