CHINA TOPIX

11/02/2024 05:36:16 pm

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extraordinary shareholder meeting

China Vanke refuses to grant Baoneng's call for EGM.

China Vanke Refuses Baoneng's Call for Shareholder's Meeting

Property developer China Vanke has refused to call an extraordinary shareholder meeting (EGM) as requested by its largest stakeholder Baoneng, the company announced on Sunday. Baoneng is seeking to oust the CEO and members of the board of China Vanke.

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