YGM Trading Limited Announces EGM Results: Capital Reduction Approved
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YGM Trading Limited (HK:0375) announced the results of its Extraordinary General Meeting on November 4, 2025. The meeting approved a special resolution for Capital Reduction, while proposed ordinary resolutions related to the SPA and DML Agreement were rejected by independent shareholders. The Chan Family abstained from voting on the ordinary resolutions due to a material interest. The Capital Reduction approval may affect the company's financial structuring and shareholder distributions. The current analyst rating for HK:0375 is a Hold with a price target of HK$1.00.
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