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Glorious Property Announces Board Changes and Compliance Efforts

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Glorious Property Announces Board Changes and Compliance Efforts

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An announcement from Glorious Property Holdings Limited ( (HK:0845) ) is now available.

Glorious Property Holdings Limited announced the resignation of Dr. Hu Jinxing as an independent non-executive director and changes in the composition of its board committees, effective July 31, 2025. This resignation has resulted in non-compliance with Hong Kong Stock Exchange listing rules, as the number of independent non-executive directors and audit committee members falls below the required minimum. The company is actively seeking a suitable candidate to fill these vacancies to ensure compliance within three months.

More about Glorious Property Holdings Limited

Glorious Property Holdings Limited is a company incorporated in the Cayman Islands, operating in the real estate industry. It focuses on property development and management, primarily serving markets in Hong Kong and China.

YTD Price Performance: -9.09%

Technical Sentiment Signal: Sell

Current Market Cap: HK$77.93M

For an in-depth examination of 0845 stock, go to TipRanks’ Overview page.

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