The Companies (Amendment) Ordinance 2023 (“the Amendment Ordinance”) will come into operation on 28 April 2023.

The Amendment Ordinance provides a modern framework for general meetings held virtually. It seeks to simplify the process of holding general meetings while ensuring that stakeholders’ interests are protected. The provisions under the Amendment Ordinance also enable companies to use new technologies better in conducting their general meetings. The members could attend the meetings at different physical locations (s) and express their opinions online.

resource: https://www.cr.gov.hk/en/publications/docs/ec1-2023-e.pdf

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