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An announcement from Chiho Environmental Group Limited ( (HK:0976) ) is now available.
Chiho Environmental Group Limited has established a Special Investigation Committee composed of independent non-executive directors to address irregularities in its non-wholly owned subsidiaries. The company has appointed an independent forensic investigator and an internal control consultant to review these irregularities and the company’s internal controls, as part of the conditions set by the Hong Kong Stock Exchange for resuming trading of its shares. The findings and recommendations from these investigations will be reported to the board, aiming to enhance the company’s operational integrity and compliance with listing rules.
More about Chiho Environmental Group Limited
Chiho Environmental Group Limited is a company incorporated in the Cayman Islands, operating in the environmental sector. It is listed on the Hong Kong Stock Exchange and focuses on managing subsidiaries involved in environmental services.
Technical Sentiment Signal: Sell
Current Market Cap: HK$690.2M
For a thorough assessment of 0976 stock, go to TipRanks’ Stock Analysis page.