AK Medical to Recommend HK$0.118 Final Dividend, Re-elect Directors and Seek Fresh Share Mandates at 17 June AGM

Bulletin Express
Apr 28

AK Medical Holdings Limited has released its 2026 AGM circular detailing proposals to be tabled on 17 June 2026 in Beijing.

Dividend • The Board recommends a final dividend of HK$0.118 per share for FY 2025, up from HK$0.072 a year earlier. • Subject to shareholder approval, the dividend will be paid on or about 17 July 2026 to shareholders on record at 16:30 on 29 June 2026. • The register will be closed from 25 June to 29 June 2026; transfers must be lodged by 24 June 2026.

Board Elections • Executive Directors Li Zhijiang and Zhang Bin, and Non-executive Director Dr Wang David Guowei will retire by rotation and stand for re-election. • The Nomination Committee supports their reappointment, citing satisfactory performance and continued contribution to board diversity.

Auditors • The Board, in line with Audit Committee advice, proposes re-appointing KPMG for FY 2026 at an audit fee of RMB3.80–4.20 million.

Share Repurchase Mandate • Directors seek authority to repurchase up to 10% of issued shares—112.39 million shares based on the current 1.12 billion share capital. • Any repurchases will be funded from legally available resources and carried out within Listing Rules limits.

Share Issuance Mandate • A separate resolution requests authority to issue up to 20% of issued shares—224.78 million shares—and to extend the mandate by the number of shares repurchased.

Key Timetable • AGM record date: 11 June 2026 (register closed 12–17 June). • Dividend record date: 29 June 2026 (register closed 25–29 June). • Dividend payment: on or about 17 July 2026.

Capital Structure and Governance Notes • Outstanding shares: 1,123.92 million. • Controlling shareholders Li Zhijiang and Zhang Bin, with concert parties, hold 45.85% of issued shares; a full 10% buy-back would raise their interest to 50.94%, potentially triggering a Takeovers Code mandatory offer. The Board states it has no present intention to repurchase shares to that extent.

Shareholders will vote on all resolutions via poll at the AGM; proxy forms must be submitted by 10:00 on 15 June 2026.

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