Air China Proposes Governance Overhaul and Enhances Shareholder Rights

Air China ( (HK:0753) ) has shared an announcement.

Air China Limited has announced proposed amendments to its Articles of Association and the abolishment of the Supervisory Committee, with the Audit and Risk Management Committee assuming its functions. These changes aim to enhance shareholder rights, adjust the powers of the shareholders’ meeting and the Board, and update the company’s governance structure in line with the latest regulations. The proposed amendments are subject to approval at the 2024 annual general meeting, reflecting the company’s efforts to streamline operations and strengthen minority shareholder protections.

The most recent analyst rating on (HK:0753) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.

More about Air China

Air China Limited is a major airline company based in the People’s Republic of China. It operates in the aviation industry, providing passenger and cargo air transportation services. The company focuses on both domestic and international markets, serving as one of the key players in China’s airline sector.

Average Trading Volume: 19,621,783

Technical Sentiment Signal: Buy

Current Market Cap: HK$142.1B

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