MMG Limited (stock code: 01208) has adopted a new set of Articles of Association by special resolution passed on 28 May 2026, replacing the previous version last amended in September 2012. The key updates refine corporate governance standards, broaden capital management tools and embed digital-era meeting mechanisms.

Key highlights include:

1. Corporate Identity and History • The company, incorporated in Hong Kong on 29 July 1988 as Oriental Metals (Holdings) Company Limited, changed its name to Minmetals Resources Limited in August 2005 and to MMG Limited in September 2012. • The latest Articles formally recognise the corporate name “MMG Limited (五礦資源有限公司)” and supersede the prior regulations under Table A of the Companies Ordinance.

2. Share Capital & Capital Management • The Board is empowered to issue shares with preferred, deferred or other special rights, as well as warrants and convertible securities, subject to Hong Kong’s Companies Ordinance and Listing Rules. • Share buy-backs, redemptions and issuance of redeemable shares are explicitly permitted. • Provisions allow capitalisation of reserves and distribution of realised capital profits, including scrip dividends and dividends in specie. • Dividends may be declared in any currency, paid from distributable profits only, and unclaimed dividends may be forfeited after six years.

3. General Meetings—Digital Flexibility • The company can hold physical, virtual or hybrid general meetings, with clear rules on electronic participation, quorum (minimum two members) and voting procedures (all resolutions decided by poll). • Record dates for dividends, distributions or allotments can be set before or after the relevant declaration.

4. Board Composition & Powers • Minimum of two directors with no maximum cap; vacancies can be filled by the Board, subject to shareholder approval at the next general meeting. • Directors may appoint alternates and participate via tele-/video-conference facilities. • Directors’ remuneration is set by shareholders; additional pay for special services requires Board approval.

5. Director Interests & Indemnities • Detailed disclosure requirements align with sections 536-538 of the Companies Ordinance. Directors with material interests are restricted from voting on related resolutions, with specific carve-outs for standard commercial transactions. • The company may indemnify directors and officers and maintain liability insurance, subject to statutory limits.

6. Administrative Provisions • The Articles outline procedures for share transfers, lien enforcement, forfeiture, and handling of untraced shareholders’ assets. • Authority to issue, sign and destroy share certificates, maintain overseas registers, and execute documents with or without the common seal is specified.

The revised Articles position MMG to operate with greater agility, particularly through virtual-meeting capabilities and expanded capital-management options, while reinforcing transparency and accountability standards consistent with Hong Kong regulatory requirements.