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Beijing Enterprises Water Group Clarifies Terms for New Executive Director

Story Highlights
  • Beijing Enterprises Water Group clarified director changes and sustainability committee leadership.
  • New executive director Ms. Li will serve without a contract, salary or benefits.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beijing Enterprises Water Group Clarifies Terms for New Executive Director

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Beijing Enterprises Water Group ( (HK:0371) ) has provided an update.

Beijing Enterprises Water Group has issued a supplemental announcement clarifying the terms of appointment for its newly named executive director, Ms. Li, following its earlier notice on changes to executive directors and the chairmanship of its sustainability committee. The board stated that Ms. Li has no service contract with the company and will not receive any fees, salary or benefits in her role as executive director, a move that formalizes her governance responsibilities without adding to executive compensation costs, while leaving all other previously disclosed board and committee changes unchanged.

The most recent analyst rating on (HK:0371) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Beijing Enterprises Water Group stock, see the HK:0371 Stock Forecast page.

More about Beijing Enterprises Water Group

Beijing Enterprises Water Group is a Hong Kong-listed utility company focused on water and environmental services, including wastewater treatment and water supply projects, primarily serving municipal and industrial clients in mainland China and other markets.

Average Trading Volume: 26,641,736

Technical Sentiment Signal: Buy

Current Market Cap: HK$24.64B

See more data about 0371 stock on TipRanks’ Stock Analysis page.

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