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COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) has provided an announcement.
COSCO SHIPPING Energy Transportation Co., Ltd. has approved the implementation rules for a cumulative voting system during its 2025 Second Extraordinary General Meeting. This system is designed to enhance corporate governance by allowing shareholders to concentrate their voting power when electing directors, thereby protecting minority shareholders’ interests and ensuring a fair election process. This move is expected to strengthen the company’s governance structure and align with regulatory standards, potentially impacting its market positioning and stakeholder relationships positively.
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 within the shipping industry, focusing on energy transportation services. The company is involved in the transportation of oil and gas, and it plays a significant role in the global logistics and shipping market.
Average Trading Volume: 27,638,725
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$57.16B
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