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China Southern Airlines Proposes Governance Restructuring

Story Highlights
  • China Southern Airlines plans to amend its Articles of Association and procedural rules.
  • The Supervisory Committee’s functions will shift to the Audit and Risk Management Committee.
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China Southern Airlines Proposes Governance Restructuring

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An update from China Southern Airlines Company Limited Class H ( (HK:1055) ) is now available.

China Southern Airlines Company Limited has announced proposed amendments to its Articles of Association and procedural rules, alongside the abolishment of its Supervisory Committee. These changes, approved by the board, will transfer the statutory functions and powers of the Supervisory Committee to the Audit and Risk Management Committee, reflecting compliance with the Company Law and regulatory guidelines. The resolutions will be presented at an extraordinary general meeting for shareholder consideration, potentially impacting the company’s governance structure and operational oversight.

The most recent analyst rating on (HK:1055) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on China Southern Airlines Company Limited Class H stock, see the HK:1055 Stock Forecast page.

More about China Southern Airlines Company Limited Class H

China Southern Airlines Company Limited is a major airline company based in the People’s Republic of China. It operates in the aviation industry, providing passenger and cargo air transportation services. The company focuses on both domestic and international markets, serving a wide range of destinations.

Average Trading Volume: 15,269,247

Technical Sentiment Signal: Buy

Current Market Cap: HK$107.6B

For a thorough assessment of 1055 stock, go to TipRanks’ Stock Analysis page.

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