Trip.com Group Announces Results of Annual General Meeting
Trip.com Group Limited (Nasdaq: TCOM) announced the adoption of significant resolutions during its annual general meeting in Shanghai on December 21, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Trip.com Group Limited (Nasdaq: TCOM) announced the adoption of significant resolutions during its annual general meeting in Shanghai on December 21, 2021. The resolutions include the adoption of the Chinese name "攜程集團有限公司" as the dual foreign name for the company and amendments to the company's Memorandum and Articles of Association, transitioning to a new Third Amended and Restated version. As a leading one-stop travel service provider, Trip.com Group continues to enhance its global travel platform.
Positive
- Adoption of the Chinese name '攜程集團有限公司' enhances brand recognition in the Chinese market.
- Updated Memorandum and Articles of Association may improve corporate governance.
Negative
- None.
Details
News Market Reaction – TCOM
The recorded move for TCOM in the trading session of this news was +8.37%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SHANGHAI, Dec. 21, 2021 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced that each of the following proposed resolutions submitted for shareholder approval has been duly adopted at its annual general meeting of shareholders held in Shanghai today:
1. as a special resolution, THAT the Chinese name "攜程集團有限公司" be adopted as the dual foreign name of the Company; and
2. as a special resolution, THAT the Company's Second Amended and Restated Memorandum of Association and Articles of Association be amended and restated by their deletion in their entirety and by the substitution in their place of the Third Amended and Restated Memorandum of Association and Articles of Association.
About Trip.com Group Limited
Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading one-stop travel platform globally, integrating a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for travelers in China, and increasingly for travelers around the world, to explore travel and get inspired, to make informed and cost-effective travel bookings, and to enjoy hassle-free, on-the-go support and share travel experience. Founded in 1999 and listed on Nasdaq in 2003, the Company operates under a portfolio of brands, including Ctrip, Qunar, Trip.com and Skyscanner.
For further information, please contact:
Investor Relations
Trip.com Group Limited
Tel: (+86) 21 3406 4880 X 12229
Email: iremail@trip.com
View original content:https://www.prnewswire.com/news-releases/tripcom-group-announces-results-of-annual-general-meeting-301448706.html
SOURCE Trip.com Group Limited
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