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An update from C&D Newin Paper & Pulp Corporation Limited ( (HK:0731) ) is now available.
C&D Newin Paper & Pulp Corporation Limited has proposed the re-appointment of RSM Hong Kong as its auditor from the conclusion of the 20 May 2026 annual general meeting until the next AGM, with an estimated audit fee of about HK$800,000 for the 2026 financial year. The board cites RSM’s familiarity with the group’s financial affairs and expects audit work to be performed more efficiently, indicating continuity in financial oversight and cost control for shareholders.
The company also issued a clarification to correct an error in its circular regarding Bye-Law 4(A), restating its authorised share capital as comprising 2,000,000,000 ordinary shares and 143,086,013 convertible non-voting preference shares. Aside from this correction, all other contents of the circular remain unchanged, signalling that governance documentation is being tightened without altering the broader terms presented to investors ahead of the AGM.
More about C&D Newin Paper & Pulp Corporation Limited
C&D Newin Paper & Pulp Corporation Limited is a Bermuda-incorporated company listed in Hong Kong and engaged in the paper and pulp sector. The group focuses on the production and sale of paper and related pulp products, serving markets that rely on consistent financial reporting and regulatory compliance under Hong Kong listing rules.
Average Trading Volume: 1,987,462
Technical Sentiment Signal: Hold
Current Market Cap: HK$650.7M
For a thorough assessment of 0731 stock, go to TipRanks’ Stock Analysis page.