Fibocom Shareholders Approve Governance Restructuring and Capital Change at 2025 EGM
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Fibocom Wireless Inc. shareholders approved major governance restructuring and capital changes at the 2025 EGM. Resolutions included abolishing the Board of Supervisors, amending the Articles of Association, and updating business registration. The meeting had 37.85% shareholder attendance, with no restrictions under Hong Kong listing rules. This restructuring aims to streamline oversight and decision-making for the company, which operates in the telecommunications and IoT modules industry.
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