---
title: "Asiaray Wins Shareholder Backing for New M&A and Board Changes at AGM"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289618783.md"
description: "Asiaray Media Group Ltd. (HK:1993) reported that all resolutions at its June 12, 2026 AGM were approved by shareholders. Key outcomes include the adoption of new constitutional documents, re-election of directors, reappointment of PwC as auditor, and renewal of share issuance mandates. The company also announced director retirements and board committee changes, reflecting a corporate governance refresh."
datetime: "2026-06-12T15:09:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289618783.md)
  - [en](https://longbridge.com/en/news/289618783.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289618783.md)
---

# Asiaray Wins Shareholder Backing for New M&A and Board Changes at AGM

Asiaray Media Group Ltd. ( (HK:1993) ) just unveiled an update.

Asiaray Media Group Limited reported that all resolutions at its 12 June 2026 annual general meeting were approved by shareholders via poll, including the adoption of a new memorandum and articles of association. The meeting also confirmed the receipt of the 2025 financial statements, re-election of key directors, reappointment of PricewaterhouseCoopers as auditor, and renewal of share issuance and repurchase mandates, underscoring strong shareholder support for the company’s governance framework and capital management flexibility.

The company announced the retirement of a director and corresponding changes to board committee composition, while simultaneously updating its constitutional documents to the new M&A. These moves indicate a broader corporate governance refresh that may enhance regulatory alignment and board oversight, with potential implications for how Asiaray structures future strategic decisions and responds to evolving listing requirements.

**More about Asiaray Media Group Ltd.**

Asiaray Media Group Limited is an out-of-home advertising company listed in Hong Kong, operating primarily in transit and outdoor media across Greater China and other Asian markets. The group focuses on integrated space management solutions, leveraging media resources in airports, metro systems and other high-traffic venues to reach urban consumers and brand advertisers.

**Average Trading Volume:** 27,522

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$301.2M

For a thorough assessment of 1993 stock, go to TipRanks’ Stock Analysis page.

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