---
title: "HK Electric Sets 2026 AGM to Approve Director Fees and New Issuance Mandate"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283334693.md"
description: "HK Electric Investments has scheduled its 2026 AGM as a hybrid event to discuss corporate governance matters, including the approval of director fees and the appointment of auditors. Shareholders will vote on proposed fee levels for directors starting January 2026 and a mandate to issue up to 10% of existing share stapled units. The latest analyst rating for HK Electric Investments (HK:2638) is a Buy with a price target of HK$7.40. The company operates in Hong Kong's regulated electricity utility sector, focusing on power generation and distribution."
datetime: "2026-04-20T10:13:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283334693.md)
  - [en](https://longbridge.com/en/news/283334693.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283334693.md)
---

# HK Electric Sets 2026 AGM to Approve Director Fees and New Issuance Mandate

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The latest announcement is out from HK Electric Investments & HK Electric Investments ( (HK:2638) ).

HK Electric Investments and HK Electric Investments Limited have convened their 2026 annual general meeting as a hybrid event in Hong Kong and online, reflecting continued use of mixed in-person and virtual formats for unitholder and shareholder engagement. The meeting will consider routine corporate governance items, including receipt of 2025 audited financial statements, re-election of retiring directors, and appointment of the auditor with authority for directors to set its remuneration.

Investors will also vote on proposed fee levels for directors and committee members from 1 January 2026, setting annual fees for board service and for roles on key oversight committees such as audit, remuneration, nomination and sustainability. In addition, the boards are seeking a general mandate to issue up to 10% of existing share stapled units, subject to pricing limits, which would give management flexibility to raise capital or pursue strategic initiatives while imposing a cap on potential dilution for existing holders.

The most recent analyst rating on (HK:2638) stock is a Buy with a HK$7.40 price target. To see the full list of analyst forecasts on HK Electric Investments & HK Electric Investments stock, see the HK:2638 Stock Forecast page.

**More about HK Electric Investments & HK Electric Investments**

HK Electric Investments and HK Electric Investments Limited operate in the regulated electricity utility sector in Hong Kong, focusing on power generation, transmission and distribution to customers in the city. The trust-and-company structure issues share stapled units to investors, providing a vehicle for investment in the group’s stable, infrastructure-based energy business and aligning returns with the performance of its core utility operations.

**YTD Price Performance:** 4.82%

**Average Trading Volume:** 3,925,230

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$56.91B

Learn more about 2638 stock on TipRanks’ Stock Analysis page.

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