Business
Zhong Yang Financial Group Limited Announces Results of Special Meeting of Shareholders
Hong Kong China, July 13, 2022 (GLOBE NEWSWIRE) -- Zhong Yang Financial Group Limited (the "Company") (NASDAQ: TOP), a fast-growing online brokerage firm
About this update from Top Financial Group Limited
[{"type":"text","content":"Hong Kong China, July 13, 2022 (GLOBE NEWSWIRE) -- Zhong Yang Financial Group Limited (the \"Company\") (NASDAQ: TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today announced that shareholders have approved the proposals voted on at the Company’s special meeting of shareholders held on July 12, 2022, Eastern Time and the Company’s shareholders voted to approve the following proposals: change of the name of the Company to TOP Financial Group Limited and amendment and restatement the Company’s Memorandum and Articles of Association to incorporate the new name; andamendment of Article 9, 18, 43, 49, 67, 97, 101, 114 and 115 of the Company’s Articles of Association. A total of 30,007,331 votes, representing 85.61% of the votes exercisable as of the record date of the special meeting of shareholders of the Company, were present in person or by proxy at the meeting. The proposals were approved by the shareholders. Ms. Junli Yang, Chairwoman of TOP commented: “I would like to thank our shareholders for their strong support for these important changes, which we expect will enhance our corporate profile in the market.” About Zhong Yang Financial Group Limited Founded in Hong Kong, the Company, through its operating subsidiaries, operates online brokerage platforms specializing in the trading of local and foreign equities, futures, and options products. The trading platforms, which the operating subsidiaries license from third parties enable its investors to trade on renowned stock and futures exchanges around the world, including the Chicago Mercantile Exchange (“CME”), Hong Kong Futures Exchange (“HKFE”), The New York Mercantile Exchange (“NYMEX”), The Chicago Board of Trade (“CBOT”), The Commodity Exchange (“COMEX”), Eurex Exchange (“EUREX”), ICE Clear Europe Limited (“ICEU”), Singapore Exchange (“SGX”), Australia Securities Exchange (“ASX”), Bursa Malaysia Derivatives Berhad (“BMD”), and Osaka Exchange (OSE). The operating subsidiaries are licensed with the Securities and Futures Commission of Hong Kong (\"HKSFC”) to carry out type 1 (dealing in securities), type 2 (dealing in futures contracts) regulated activities, and are licensed with the HKSFC to carry out type 4 (advising on securities), type 5 (ad...