Lotus Circular seeks renewal of shareholder mandate for recurrent related-party transactions
Bitget2026/10/30 10:43- Lotus Circular seeks shareholder approval on December 3, 2026, to renew its mandate for recurring related-party transactions of a revenue or trading nature.
- The mandate covers ordinary-course transactions on arm’s-length commercial terms no more favorable to related parties than those generally available to the public.
- Renewal would run until the 2027 annual meeting, unless revoked, varied or terminated earlier under statutory timing requirements.
- The board, excluding interested directors, recommends voting in favor; interested directors and connected persons will abstain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Indonesian Rupiah: External headwinds and MSCI risks – OCBC
Taiwan Dollar: Strong fundamentals but near-term pressure – Commerzbank
Hassett Downplays AI Debt Risk: The Industry Has Sufficient Funds, No Risk of Broad Sell-Off
Kevin Hassett, Director of the White House National Economic Council, stated that the recent substantial decline in technology stocks does not indicate a comprehensive sell-off risk for the AI industry. He acknowledged that some enterprises are indeed burdened with significant debt, which warrants attention. However, he also pointed out that there are many financially strong companies within the industry that hold both equity and debt in related firms; these companies may be poised to acquire or provide funding support when opportunities arise.
Crypto prices
More
