HONG
KONG, Sept. 30, 2024 /PRNewswire/ -- iClick
Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ:
ICLK), a renowned marketing cloud platform in China that empowers worldwide brands with
full-stack consumer lifecycle solutions, today announced the
results of its annual general meeting of shareholders (the "AGM")
held in Hong Kong on September 30, 2024.
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 74% of the
total outstanding votes represented by the Company's total ordinary
shares outstanding at the close of business in the Cayman Islands on the record date of
September 11, 2024. Each of the above
resolutions was approved by 96% or above of the total votes cast at
the AGM.
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 China as soon as practicable. The Company's
financial performance is expected to improve with reduced debt
level and capital intensive operations in the coming six
months."
About iClick Interactive Asia Group
Limited
Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ:
ICLK) is a renowned marketing cloud platform in China. With its leading proprietary
technologies, iClick's full suite of data-driven solutions helps
brands drive significant business growth and profitability
throughout the full consumer lifecycle. For more information,
please visit ir.i-click.com.
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 U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements. Such
statements are based upon management's current expectations and
current market and operating conditions and relate to events that
involve known or unknown risks, uncertainties and other factors,
all of which are difficult to predict and many of which are beyond
the Company's control. Forward-looking statements involve inherent
risks and uncertainties. All information provided in this press
release is current as of the date of this press release, and the
Company undertakes no obligation to update any forward-looking
statement, except as required under applicable law. Although the
Company believes that the expectations expressed in these
forward-looking statements are reasonable, it cannot assure you
that its expectations will turn out to be correct, and investors
are cautioned that actual results may differ materially from the
anticipated results.
For investor and media inquiries, please contact:
In China:
In the
United States:
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
View original content to download
multimedia:https://www.prnewswire.com/news-releases/iclick-interactive-asia-group-limited-announces-annual-general-meeting-results-302262562.html
SOURCE iClick Interactive Asia Group Limited
