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COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) has issued an update.
COSCO SHIPPING Energy Transportation Co., Ltd. has announced updates to the implementing rules for its Board’s Audit Committee. These changes aim to enhance decision-making, improve governance structures, and ensure effective supervision over management. The Audit Committee will be responsible for reviewing financial disclosures and supervising audits and internal controls, with a composition that includes independent directors and professionals with accounting expertise. This move is expected to strengthen the company’s governance and operational oversight, potentially impacting its industry positioning and stakeholder confidence.
The most recent analyst rating on (HK:1138) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.
More about COSCO SHIPPING Energy Transportation Co
COSCO SHIPPING Energy Transportation Co., Ltd. operates in the shipping industry, focusing on energy transportation services. The company is involved in the transportation of oil and gas, playing a significant role in the global energy supply chain.
Average Trading Volume: 27,638,725
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$57.16B
See more insights into 1138 stock on TipRanks’ Stock Analysis page.