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Beng Soon Machinery Holdings Limited ( (HK:1987) ) has provided an update.
Beng Soon Machinery Holdings Limited has announced the resignation of executive director Cheung Kam Fai, effective 31 December 2025, as he steps down due to personal commitments in other positions. The company emphasized that Cheung has no disagreement with the board and that there are no matters related to his departure requiring shareholder or exchange attention, suggesting a non-contentious transition as the remaining board members continue to oversee the group’s operations and governance.
The most recent analyst rating on (HK:1987) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on Beng Soon Machinery Holdings Limited stock, see the HK:1987 Stock Forecast page.
More about Beng Soon Machinery Holdings Limited
Beng Soon Machinery Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, engaged in the machinery sector and led by Chairman and Chief Executive Officer Tan Chee Beng, with a board comprising executive and independent non-executive directors.
Average Trading Volume: 1,199,043
Technical Sentiment Signal: Buy
Current Market Cap: HK$196M
For an in-depth examination of 1987 stock, go to TipRanks’ Overview page.