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Colour Life Services Faces Board Compliance Challenge After Director Resignation

Story Highlights
  • Colour Life Services announced the resignation of Mr. Zhang as an independent director.
  • The resignation led to non-compliance with listing rules, prompting a search for a replacement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Colour Life Services Faces Board Compliance Challenge After Director Resignation

Confident Investing Starts Here:

Colour Life Services Group Co ( (HK:1778) ) has shared an update.

Colour Life Services Group Co., Limited announced the resignation of Mr. Zhang Raymond Yue from his roles as an independent non-executive director and chairman of the remuneration committee, among other positions, effective June 4, 2025. This resignation has resulted in non-compliance with several listing rules, as the board now lacks the required number of independent non-executive directors and committee members. The company is actively seeking a suitable replacement to rectify this situation within the stipulated three-month period.

More about Colour Life Services Group Co

Colour Life Services Group Co., Limited is a company incorporated in the Cayman Islands, operating in the property management industry. It focuses on providing comprehensive property management services, including maintenance, security, and community services, primarily targeting residential and commercial properties.

Average Trading Volume: 628,649

Technical Sentiment Signal: Sell

Current Market Cap: HK$290.1M

For a thorough assessment of 1778 stock, go to TipRanks’ Stock Analysis page.

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