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Far East Hotels & Entertainment Ltd. Granted Extension for Director Appointment

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Far East Hotels & Entertainment Ltd. Granted Extension for Director Appointment

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Far East Hotels & Entertainment Ltd. ( (HK:0037) ) has issued an update.

Far East Hotels & Entertainment Ltd. announced an extension granted by the Stock Exchange of Hong Kong for the appointment of an independent non-executive director (INED) following the passing of Mr. Ng, a previous INED. The company had been working to fill the vacancy within the set three-month period but required additional time to finalize the candidate selection and nomination process. The extension allows the company until May 8, 2025, to comply with the listing rules regarding board composition, which is crucial for maintaining its governance standards.

More about Far East Hotels & Entertainment Ltd.

Far East Hotels & Entertainment Ltd. is a company based in Hong Kong, operating in the hotel and entertainment industry. The company is involved in hospitality and leisure services, catering to both local and international markets.

YTD Price Performance: -5.88%

Average Trading Volume: 291,795

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$361.2M

For detailed information about 0037 stock, go to TipRanks’ Stock Analysis page.

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