Property News · March 16, 2017

Vanke board re-election likely to be delayed until at least May


The planned re-election of China Vanke’s board of directors this month is likely to be delayed until at least May amid an unsettled fight among shareholders for control of the company.
The Hong Kong- and Shenzhen-listed property giant had been scheduled to re-elect all its 11 board members at a shareholders’ meeting after their three-year term expires on March 27.
But the company has not yet issued a notice to the Hong Kong bourse, despite listing rules requiring written notice be…

Source : South China Morning Post
Read more…Vanke board re-election likely to be delayed until at least May

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