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China Oilfield Services ( (HK:2883) ) just unveiled an update.
China Oilfield Services Limited has announced proposed amendments to its Articles of Association, including the cancellation of its Supervisory Committee, with its functions being transferred to the audit committee of the Board. These changes are in response to updates in the Company Law of the People’s Republic of China and other regulatory requirements, aiming to streamline governance and align with current legal standards. The Board believes these amendments will not adversely affect shareholders’ rights and are in the best interest of the company and its stakeholders, supporting its business development.
The most recent analyst rating on (HK:2883) stock is a Buy with a HK$8.60 price target. To see the full list of analyst forecasts on China Oilfield Services stock, see the HK:2883 Stock Forecast page.
More about China Oilfield Services
China Oilfield Services Limited is a joint stock limited liability company incorporated in the People’s Republic of China. It operates in the oilfield services industry, focusing on providing a range of services including drilling, well services, and marine support to oil and gas companies.
Average Trading Volume: 10,509,455
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$60.78B
For detailed information about 2883 stock, go to TipRanks’ Stock Analysis page.