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ESR Group Seeks Extension for Board Compliance
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ESR Group Seeks Extension for Board Compliance

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ESR Group Limited ( (HK:1821) ) has provided an update.

ESR Group Limited has announced that it is seeking an extension from the Stock Exchange to comply with Listing Rule 3.10A, following the resignation of an independent non-executive director, Ms. Jingsheng Liu, which left the company non-compliant with the requirement to have one-third of its board comprised of independent non-executive directors. The company aims to meet this requirement by 14 February 2025, extending its original deadline of 16 January 2025. This move could affect the company’s governance structure and reassure stakeholders of its commitment to regulatory compliance.

More about ESR Group Limited

YTD Price Performance: 0.34%

Average Trading Volume: 7,393,532

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$50.86B

Learn more about 1821 stock on TipRanks’ Stock Analysis page.

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