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HPC Holdings Reshapes Board as Independent Director Resigns, Veteran Executive Tapped as Successor

Story Highlights
  • HPC Holdings’ independent director Gng Hoon Liang will resign from the board and key committees effective 31 December 2025.
  • The company will appoint industry veteran Chew Mun Yew as new INED and committee member, and name Chen Liping remuneration chairlady.
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HPC Holdings Reshapes Board as Independent Director Resigns, Veteran Executive Tapped as Successor

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HPC Holdings Ltd. ( (HK:1742) ) has issued an update.

HPC Holdings Ltd. announced that independent non-executive director (INED) Gng Hoon Liang will step down from the board, and from his roles as chairman of the remuneration committee and member of the audit and nomination committees, with effect from 31 December 2025, citing other work commitments and confirming there is no disagreement with the board or issues requiring shareholder attention. To maintain board independence and committee coverage, the company plans to appoint veteran semiconductor executive Chew Mun Yew as an INED and member of the audit, nomination and remuneration committees, and to redesignate Chen Liping as chairlady of the remuneration committee from the same date, moves that refresh the board’s governance and add deep industrial and senior management experience to its oversight capabilities.

The most recent analyst rating on (HK:1742) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on HPC Holdings Ltd. stock, see the HK:1742 Stock Forecast page.

More about HPC Holdings Ltd.

Average Trading Volume: 1,739,814

Technical Sentiment Signal: Buy

Current Market Cap: HK$176M

Learn more about 1742 stock on TipRanks’ Stock Analysis page.

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