Worldex
We had two recent filings for Worldex. Basically, net-bullish for the governance thesis, but modestly so.
They related to a 17 September 2026 extraordinary shareholder meeting:
Expand Worldex’s permitted business activities into additional organic/inorganic materials and compounds.
Remove the separate executive-pay rules and restore annual shareholder approval of director remuneration.
Approve a ₩4bn director-pay ceiling, down from ₩7bn.
The vote passed, so VIP must be at least aligned with the founders now. Which is grand news as far as the governance thesis goes. Muted reaction from the stock.
The August filings called the meeting and solicited proxies; the September filing confirmed both resolutions passed.
The 2027 AGM still remains the biggest major catalyst.
Now an update on our HK stocks: