Pa Shun faces EGM requisition from 51.05% shareholders to overhaul board

• Pa Shun International received a requisition on April 28, 2026 to convene an extraordinary general meeting.
• HKSCC Nominees submitted notice dated April 27, 2026 on behalf of Lai Wing Lun and Arab Osman Mohammed, citing beneficial ownership of 753,040,000 shares, or 51.05% of voting shares.
• Proposed resolutions target removal of five current directors, including executive director Ma Qinghai.
• Requisition also seeks to remove any directors appointed between notice date and meeting date, subject to Takeovers Code limits.
• Shareholders would vote on appointing three new directors, fixing maximum board size, and authorizing board to set director pay.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pa Shun International Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260428-12130862), on April 28, 2026, and is solely responsible for the information contained therein.