iClick Interactive Asia Group Limited Announces Annual General Meeting Results
iClick Interactive Asia Group (NASDAQ: ICLK) announced the results of its annual general meeting (AGM) held on September 30, 2024, in Hong Kong. Shareholders approved three key resolutions:
1. The disposal of the company's demand side marketing solutions business in mainland China
2. The disposal of the company's enterprise solutions business in mainland China
3. The appointment of Mr. Winson Ip Wing Wai as an independent director
Approximately 74% of total outstanding votes were represented at the AGM, with each resolution receiving approval from 96% or more of the votes cast. CEO Jian Tang expressed gratitude for shareholder support, stating that the disposals aim to improve profitability and operational efficiency. The company expects improved financial performance with reduced debt and capital-intensive operations in the coming six months.
iClick Interactive Asia Group (NASDAQ: ICLK) ha annunciato i risultati della sua assemblea generale annuale (AGM) tenutasi il 30 settembre 2024 a Hong Kong. Gli azionisti hanno approvato tre risoluzioni chiave:
1. La cessione del business di soluzioni di marketing dalla parte della domanda nella Cina continentale
2. La cessione del business di soluzioni per le imprese nella Cina continentale
3. La nomina del Sig. Winson Ip Wing Wai come direttore indipendente
Circa il 74% dei voti totali erano rappresentati all'AGM, con ogni risoluzione che ha ricevuto l'approvazione dal 96% o più dei voti espressi. Il CEO Jian Tang ha espresso gratitudine per il supporto degli azionisti, affermando che le cessioni mirano a migliorare la redditività e l'efficienza operativa. L'azienda prevede un miglioramento delle performance finanziarie con una riduzione del debito e delle operazioni che richiedono un elevato capitale nei prossimi sei mesi.
iClick Interactive Asia Group (NASDAQ: ICLK) anunció los resultados de su reunión general anual (AGM) celebrada el 30 de septiembre de 2024 en Hong Kong. Los accionistas aprobaron tres resoluciones clave:
1. La venta del negocio de soluciones de marketing de la demanda en China continental
2. La venta del negocio de soluciones empresariales en China continental
3. La designación del Sr. Winson Ip Wing Wai como director independiente
Aproximadamente el 74% de los votos totales estaban representados en la AGM, y cada resolución recibió la aprobación del 96% o más de los votos emitidos. El CEO Jian Tang expresó su agradecimiento por el apoyo de los accionistas, afirmando que las ventas tienen como objetivo mejorar la rentabilidad y la eficiencia operativa. La compañía espera un mejor desempeño financiero con la reducción de deudas y operaciones que requieren un alto capital en los próximos seis meses.
iClick Interactive Asia Group (NASDAQ: ICLK)는 2024년 9월 30일 홍콩에서 열린 연례 주주총회(AGM)의 결과를 발표했습니다. 주주들은 세 가지 주요 결의안을 승인했습니다:
1. 중국 본토에서의 수요 측 마케팅 솔루션 사업 매각
2. 중국 본토에서의 기업 솔루션 사업 매각
3. 독립 이사로 Winson Ip Wing Wai 씨의 임명
약 74%의 총 유효 투표가 AGM에서 대표되었으며, 각 결의안은 96% 이상의 찬성을 받았습니다. CEO Jian Tang은 주주들의 지원에 감사를 표하며, 매각이 수익성과 운영 효율성을 개선하기 위한 목표라고 밝혔습니다. 회사는 향후 6개월 이내에 부채 감축과 자본 집약적인 운영의 감소로 재무 성과가 개선될 것으로 예상하고 있습니다.
iClick Interactive Asia Group (NASDAQ: ICLK) a annoncé les résultats de son assemblée générale annuelle (AGM) tenue le 30 septembre 2024 à Hong Kong. Les actionnaires ont approuvé trois résolutions clés :
1. La cession du secteur des solutions de marketing en demande en Chine continentale
2. La cession du secteur des solutions d'entreprise en Chine continentale
3. La nomination de M. Winson Ip Wing Wai en tant que directeur indépendant
Environ 74 % des votes totaux étaient représentés lors de l'AGM, chaque résolution ayant reçu l'approbation de 96 % ou plus des votes exprimés. Le PDG Jian Tang a exprimé sa gratitude pour le soutien des actionnaires, déclarant que les cessions visent à améliorer la rentabilité et l'efficacité opérationnelle. L'entreprise s'attend à une amélioration de la performance financière avec une diminution de la dette et des opérations lourdes en capital au cours des six prochains mois.
iClick Interactive Asia Group (NASDAQ: ICLK) hat die Ergebnisse seiner Jahreshauptversammlung (AGM) bekanntgegeben, die am 30. September 2024 in Hongkong stattfand. Die Aktionäre genehmigten drei wichtige Beschlüsse:
1. Die Veräußerung des Geschäfts mit Demand-Side-Marketing-Lösungen in Festlandchina
2. Die Veräußerung des Geschäfts mit Unternehmenslösungen in Festlandchina
3. Die Ernennung von Herrn Winson Ip Wing Wai als unabhängiger Direktor
Etwa 74% der insgesamt ausstehenden Stimmen waren auf der AGM vertreten, wobei jeder Beschluss die Genehmigung von 96% oder mehr der abgegebenen Stimmen erhielt. CEO Jian Tang äußerte Dankbarkeit für die Unterstützung der Aktionäre und erklärte, dass die Veräußern darauf abzielen, die Rentabilität und operative Effizienz zu verbessern. Das Unternehmen erwartet eine Verbesserung der finanziellen Leistung mit reduzierten Schulden und kapitalintensiven Aktivitäten in den kommenden sechs Monaten.
- Shareholders approved the disposal of two major business segments in mainland China
- High shareholder participation with 74% of total outstanding votes represented at the AGM
- Strong support for resolutions with 96% or above approval rate
- Expected improvement in financial performance in the coming six months
- Anticipated reduction in debt level and capital-intensive operations
- Disposal of two major business segments in mainland China may impact revenue streams
- Potential loss of market presence in mainland China due to business disposals
Insights
The AGM results reveal significant strategic shifts for iClick Interactive Asia Group. The approval of divesting both the demand-side marketing solutions and enterprise solutions businesses in mainland China marks a major restructuring. This move aims to streamline operations and potentially improve profitability, which could be positive for the company's financial health.
The 96% or higher approval rate for each resolution indicates strong shareholder support for the company's new direction. This alignment between management and shareholders is generally a good sign for corporate governance and future execution of strategy.
The CEO's statement about improving profitability and operational efficiency in the coming six months suggests potential short-term financial benefits. However, investors should closely monitor how these divestitures affect revenue streams and overall business performance. The mention of reduced debt levels is particularly noteworthy, as it could strengthen the company's balance sheet and financial flexibility.
iClick's strategic pivot away from its mainland China operations signals a significant shift in its market positioning. This move could be interpreted as a response to changing market dynamics in China, possibly due to increased competition or regulatory pressures. The company appears to be realigning its focus, which may lead to a more concentrated and potentially more competitive business model.
The appointment of a new independent director, Mr. Winson Ip Wing Wai, could bring fresh perspectives to the board, potentially influencing future strategic decisions. This change in governance structure, combined with the major business restructuring, indicates that iClick is undergoing a comprehensive transformation.
Investors should pay attention to how these changes will affect iClick's market share and competitive advantage in the digital marketing space. The company's ability to execute this transition smoothly and maintain or grow its client base outside of mainland China will be important factors to watch in the coming months.
At the AGM, the Company's shareholders approved, ratified and/or confirmed the following resolutions:
- the disposal of the Company's demand side marketing solutions business in mainland
China ; - the disposal of the Company's enterprise solutions business in mainland
China ; and - the appointment of Mr. Winson Ip Wing Wai as an independent director of the Company.
Each shareholder has one vote for each Class A ordinary share or 20 votes for each Class B ordinary share. The shares attended the AGM in person or by proxy represented approximately
Mr. Jian Tang, iClick's Chief Executive Officer and Co-Founder, said, "We would like to thank our shareholders for their support to our recently announced disposals and our strategy of optimizing the Company's operations and realigning the business focus to meet market trends. Approving the disposals, which are intended for improving our profitability and operational efficiency with balanced risks, is the centerpiece to create sustainable value. The Company will continue to work with the other parties to close the disposal of demand side marketing solutions business in mainland
About iClick Interactive Asia Group Limited
Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a renowned marketing cloud platform in
Safe Harbor Statement
This press release contains forward-looking statements, including those related to the Company's business strategies, operations and financial performance. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the
For investor and media inquiries, please contact:
In China: In
iClick Interactive Asia Group Limited Core IR
Catherine Chau Tom Caden
Phone: +852 3700 9100 Phone: +1-516-222-2560
E-mail: ir@i-click.com E-mail: tomc@coreir.com
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SOURCE iClick Interactive Asia Group Limited
FAQ
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