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Graphex Group Limited ( (HK:6128) ) has shared an update.
Graphex Group Limited has announced the passing of independent non-executive director Ms. Tam Ip Fong Sin, who also chaired the nomination and remuneration committees and sat on the audit committee, after serving the board since 2014, with the board expressing gratitude for her contributions and condolences to her family. Following her death, the company has appointed independent non-executive director Mr. Liu Kwong Sang as chairman of the nomination and remuneration committees, but now falls temporarily out of compliance with Hong Kong listing rules on the minimum number of independent non-executive directors, the size of the audit committee and board gender diversity; the company intends to appoint new independent non-executive directors within three months to restore compliance and says normal operations are not affected.
The most recent analyst rating on (HK:6128) stock is a Sell with a HK$0.22 price target. To see the full list of analyst forecasts on Graphex Group Limited stock, see the HK:6128 Stock Forecast page.
More about Graphex Group Limited
Graphex Group Limited is a Cayman Islands-incorporated company listed in Hong Kong, engaged in the electric vehicle new materials sector, with its governance overseen by a board comprising executive, non-executive and independent non-executive directors and standard board committees for nomination, remuneration and audit oversight.
Average Trading Volume: 4,720,603
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$197.7M
See more data about 6128 stock on TipRanks’ Stock Analysis page.