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Hua Lien Faces Board Composition Challenges Post-AGM

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Hua Lien Faces Board Composition Challenges Post-AGM

Elevate Your Investing Strategy:

Hua Lien International (Holding) Co. Ltd. ( (HK:0969) ) has shared an announcement.

Hua Lien International (Holding) Co. Ltd. announced the results of its annual general meeting, where most resolutions were passed except for the re-election of two independent non-executive directors. Consequently, Dr. Ng Lai Man Carmen and Mr. Tan Chuen Yan Paul retired, leading to non-compliance with Hong Kong Stock Exchange listing rules regarding board composition and diversity. The company plans to address these issues by appointing new directors, including a female director, within three months to meet the regulatory requirements.

More about Hua Lien International (Holding) Co. Ltd.

Average Trading Volume: 110,000

Technical Sentiment Signal: Sell

Current Market Cap: HK$188.4M

Find detailed analytics on 0969 stock on TipRanks’ Stock Analysis page.

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