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A Metaverse Company Faces Board Reshuffle and Compliance Challenge

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A Metaverse Company Faces Board Reshuffle and Compliance Challenge

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A Metaverse Company ( (HK:1616) ) has issued an update.

A Metaverse Company, listed on the Hong Kong Stock Exchange, announced significant changes in its board composition. Two independent non-executive directors, Mr. Huang Bo and Mr. Song Dawei, have resigned due to other business commitments, leading to non-compliance with the listing rules regarding the minimum number of independent directors. The company is actively seeking replacements to fill these vacancies within three months to restore compliance. Mr. Lam Kai Yeung has been appointed as the chairman of both the Remuneration and Nomination Committees.

More about A Metaverse Company

Average Trading Volume: 16,321,247

Technical Sentiment Signal: Hold

Current Market Cap: HK$118.3M

For detailed information about 1616 stock, go to TipRanks’ Stock Analysis page.

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