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Guan Chao Holdings Updates Nomination Committee Terms

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Guan Chao Holdings Updates Nomination Committee Terms

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Guan Chao Holdings Limited ( (HK:1872) ) has shared an update.

Guan Chao Holdings Limited has updated the terms of reference for its Nomination Committee, which is responsible for recommending candidates to fill board vacancies. The committee will consist of at least three directors, with a majority being independent non-executive directors, and must include at least one member of a different gender. This move is aimed at enhancing the governance structure and ensuring a diverse and independent board, which could strengthen the company’s decision-making processes and potentially improve its market positioning.

The most recent analyst rating on (HK:1872) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Guan Chao Holdings Limited stock, see the HK:1872 Stock Forecast page.

More about Guan Chao Holdings Limited

Average Trading Volume: 2,686,656

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.76B

For detailed information about 1872 stock, go to TipRanks’ Stock Analysis page.

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