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The latest update is out from Changsha Broad Homes Industrial Group Co., Ltd. Class H ( (HK:2163) ).
Changsha Broad Homes Industrial Group Co., Ltd. announced the resignation of several directors, including a non-executive director and two independent non-executive directors, due to allegations against the company’s chairman regarding misuse of company funds and non-compliant transactions. These resignations have resulted in the company’s failure to comply with several Hong Kong Stock Exchange listing rules, as the board now lacks the required number of independent directors, and key committees are left without proper leadership. The company is actively seeking suitable candidates to fill these vacancies and restore compliance.
More about Changsha Broad Homes Industrial Group Co., Ltd. Class H
Changsha Broad Homes Industrial Group Co., Ltd. is a joint stock company incorporated in China, operating in the construction industry with a focus on prefabricated building solutions.
YTD Price Performance: -4.55%
Average Trading Volume: 300,200
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$292.6M
See more insights into 2163 stock on TipRanks’ Stock Analysis page.