China Merchants China Direct Investments (HK:0133) has released an update.
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China Merchants China Direct Investments announced the results of their Extraordinary General Meeting, where the resolution to limit new investment management agreements to a maximum term of one year was approved. However, the proposal to remove Ms. Kan Ka Yee, Elizabeth from her executive position was rejected by the shareholders. This outcome highlights the dynamic nature of corporate governance and shareholder influence within the company.
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