Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Link-Asia International Medtech Group Ltd. ( (HK:1143) ) has provided an update.
China Energy Storage Technology Development Limited has issued a supplemental announcement regarding the resignation of executive director Wang Qi and a breach of Hong Kong’s Takeovers Code. Wang resigned effective 18 March 2026 to focus on other business interests, with the board stating he had no disagreements and no issues requiring shareholder attention.
The company acknowledged that Wang’s resignation took effect during a period when a bona fide privatisation offer was imminent, contravening Rule 7 of the Takeovers Code. It attributed the non-compliance to a failure to recognise the rule and to seek professional advice, and has now pledged to observe the code carefully and consult advisers, while clarifying that Wang is not a shareholder, not acting in concert with the offeror, and not involved in the privatisation proposal beyond preliminary discussions.
More about Link-Asia International Medtech Group Ltd.
China Energy Storage Technology Development Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the energy storage technology sector. The group focuses on advancing energy storage solutions, and its shares are traded on the Main Board of the Stock Exchange of Hong Kong, attracting investors interested in clean energy and related technologies.
Average Trading Volume: 1,281,392
Technical Sentiment Signal: Sell
Current Market Cap: HK$82.99M
See more insights into 1143 stock on TipRanks’ Stock Analysis page.