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Convoy Competition | Shareholders’ meeting held today, Ma Shiheng and other attendees Guo Yingcheng appeared at the Convoy headquarters yesterday

2020-11-26T23:40:26.557Z


Convoy Global (1019) continues to fight for the board of directors. The company will hold an extraordinary general meeting of shareholders (EGM) today (26th) in the evening to vote on the proposal of Guo Xiaoqun, co-president of Kaisa (1638), the second largest shareholder


Financial News

Author: Zhan Yongyu

2020-11-26 08:49

Last update date: 2020-11-26 08:51

Convoy Global (1019) continues to fight for the board of directors.

The company will hold an extraordinary general meeting (EGM) today (26th) in the evening to vote on the motion proposed by the second largest shareholder, Kaisa (1638) co-president Guo Xiaoqun, including the replacement of current directors and arrangements for the former chairman of MTR (0066), Ma Shiheng and Member of the Legislative Council Shi Liqian and himself joined the board of directors.

Earlier, Guo Xiaoqun's serial "movements", including applying for an injunction order to the court, and appealing against the invalidity of his voting rights in 2017, were eventually returned to no avail.

As the appeal fails, whether EGM Guo Xiaoqun can exercise his right to vote is doubtful. The scene three years ago may repeat itself.

Ma Shiheng has publicly called on the board to be fair

Guo Xiaoqun’s representative, Ma Shiheng, received an interview with "Hong Kong 01" on Monday (23rd). He, Shi Liqian and Mr Tse Weijun will attend the EGM, hoping to come to the meeting and explain to shareholders why they want to enter the board of directors.

However, due to the limitation of the epidemic and the number of people, it is unknown whether they can enter the venue.

Faced with such an embarrassment, Ma Shiheng had earlier publicly called on the board of directors to be fair.

When asked if history repeats itself and Guo fails to vote, what is his plan, he only replied, "It will be counted then."

However, according to sources close to Kaisa, they have already deployed accordingly.

On the other side, a netizen uploaded a short video yesterday. It showed that Guo Yingcheng, chairman of Kaisa and Guo Xiaoqun’s father, went to Kang Hong’s headquarters in Wan Chai. The short film showed that Guo Yingcheng stayed in the lobby for a short time and then left, seemingly unable to check inside.

Kaisa confirmed that Guo Yingcheng had visited the Convoy headquarters, but did not have any contact with any relevant persons.

Conhong

Source: hk1

All news articles on 2020-11-26

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