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The latest announcement is out from Chiho Environmental Group Limited ( (HK:0976) ).
Chiho Environmental Group Limited has released key findings from an independent investigation into irregularities involving certain subsidiaries. The investigation, led by the Audit Committee, found no misconduct by the management but highlighted inherent internal control risks and a loss of control over some subsidiaries. The former financial controller failed to report operational abnormalities, potentially delaying the company’s response to these issues.
More about Chiho Environmental Group Limited
Chiho Environmental Group Limited is a company incorporated in the Cayman Islands, operating in the environmental sector. The company and its subsidiaries focus on providing environmental services, although specific products or services are not detailed in the announcement.
Average Trading Volume: 664,750
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$690.2M
See more insights into 0976 stock on TipRanks’ Stock Analysis page.