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Hon Kwok Land Announces Director Retirement and Seeks Replacement

Story Highlights
  • Hon Kwok Land Investment Co., Ltd. announces the retirement of director David Tak-Wai Ma.
  • The company is seeking a replacement to comply with Hong Kong Stock Exchange rules.
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Hon Kwok Land Announces Director Retirement and Seeks Replacement

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Hon Kwok Land Investment Co., Ltd. ( (HK:0160) ) has shared an announcement.

Hon Kwok Land Investment Co., Ltd. announced the retirement of Mr. David Tak-Wai Ma as an independent non-executive director, effective after the annual general meeting on August 29, 2025. Mr. Ma, who also served as the Chairman of the Remuneration Committee and a member of both the Audit and Nomination Committees, is stepping down to focus on personal commitments. The company is actively seeking a suitable replacement to comply with Hong Kong Stock Exchange listing rules, ensuring the necessary composition of its committees. This transition is not expected to affect the company’s operations significantly, as Mr. Ma has no disagreements with the board, and the company is committed to maintaining compliance and continuity.

More about Hon Kwok Land Investment Co., Ltd.

Hon Kwok Land Investment Co., Ltd. operates in the real estate industry, focusing on property development and investment. The company is known for its involvement in residential, commercial, and industrial properties, primarily targeting markets in Hong Kong and mainland China.

Average Trading Volume: 114,395

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$749.2M

See more insights into 0160 stock on TipRanks’ Stock Analysis page.

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