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China Overseas Property Holdings Faces Board Compliance Challenges Following Director’s Passing

Story Highlights
  • China Overseas Property Holdings announced the passing of Mr. So, an independent director.
  • The company is seeking candidates to meet Hong Kong Stock Exchange compliance rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Overseas Property Holdings Faces Board Compliance Challenges Following Director’s Passing

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China Overseas Property Holdings ( (HK:2669) ) has shared an announcement.

China Overseas Property Holdings Limited announced the passing of Mr. So, Gregory Kam Leung, an independent non-executive director, which has resulted in the company not meeting several requirements under the Hong Kong Stock Exchange’s Listing Rules. The company is actively seeking suitable candidates to fill the vacancies and ensure compliance with these rules. Despite this loss, the company’s operations remain unaffected.

The most recent analyst rating on (HK:2669) stock is a Sell with a HK$5.00 price target. To see the full list of analyst forecasts on China Overseas Property Holdings stock, see the HK:2669 Stock Forecast page.

More about China Overseas Property Holdings

China Overseas Property Holdings Limited is a company incorporated in the Cayman Islands with a focus on property management services. It operates in the real estate industry, providing management services for residential and commercial properties.

YTD Price Performance: -2.23%

Average Trading Volume: 7,592,581

Technical Sentiment Signal: Sell

Current Market Cap: HK$15.83B

See more insights into 2669 stock on TipRanks’ Stock Analysis page.

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