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FAR International Clarifies Contract Terms for Newly Appointed Executive Director

Story Highlights
  • FAR International confirmed a three-year employment contract for new executive director Mr. Shi Dite.
  • The contract includes AGM re-election requirements and three months’ notice for termination, with all prior details unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FAR International Clarifies Contract Terms for Newly Appointed Executive Director

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FAR International Holdings Group Company Limited ( (HK:2516) ) has provided an update.

FAR International Holdings Group Company Limited has provided further details on its recent board changes, confirming that newly appointed executive director Mr. Shi Dite has entered into a three-year employment contract with the company, effective 20 January 2026. The contract is subject to the company’s articles of association, including rotation, retirement and re-election at annual general meetings, and may be terminated by either party with at least three months’ written notice, while all other information in the earlier announcement on the executive director and authorised representative changes remains unchanged.

The most recent analyst rating on (HK:2516) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on FAR International Holdings Group Company Limited stock, see the HK:2516 Stock Forecast page.

More about FAR International Holdings Group Company Limited

FAR International Holdings Group Company Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 2516. The announcement lists a board comprising executive, non-executive and independent non-executive directors, but does not specify the group’s industry, products, services or market focus.

Average Trading Volume: 3,129,833

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.25B

See more insights into 2516 stock on TipRanks’ Stock Analysis page.

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