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Far East Horizon Limited ( (HK:3360) ) has provided an update.
Far East Horizon Limited plans to amend its memorandum and articles of association to reflect recent regulatory changes in Hong Kong, including the expanded paperless listing regime and updated Listing Rules. The move also aims to align the company’s treatment of treasury shares with current legal requirements and introduce various housekeeping changes to its constitutional documents.
The board believes these amendments are in the best interests of the company and its shareholders, signalling a focus on regulatory compliance and modernised corporate governance. The proposals will be put to shareholders for approval at the upcoming annual general meeting, with a detailed circular and meeting notice to be dispatched in due course.
The most recent analyst rating on (HK:3360) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on Far East Horizon Limited stock, see the HK:3360 Stock Forecast page.
More about Far East Horizon Limited
Far East Horizon Limited is a Hong Kong-incorporated company listed on the Stock Exchange of Hong Kong. It operates within the broader financial and corporate services space, with its governance and shareholder structure subject to Hong Kong’s Listing Rules and Companies Ordinance. The board comprises executive, non-executive and independent non-executive directors overseeing compliance and strategic matters.
Average Trading Volume: 9,573,932
Technical Sentiment Signal: Buy
Current Market Cap: HK$34.44B
For an in-depth examination of 3360 stock, go to TipRanks’ Overview page.