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The latest update is out from IMAX China Holding ( (HK:1970) ).
IMAX China Holding, Inc. has formalized the terms of reference for its Nomination Committee, a board committee responsible for overseeing the selection and appointment of directors. The document sets out that the committee must comprise at least three directors, with a majority being independent non-executive directors, and requires a quorum of two members including at least one independent non-executive director. The chairman of the Nomination Committee will be appointed by the board and must be either an independent non-executive director or the board chairman, and the committee must include at least one director of a different gender, aligning the company’s governance structure with Hong Kong listing and corporate governance requirements and reinforcing its commitment to board independence and diversity.
The most recent analyst rating on (HK:1970) stock is a Hold with a HK$8.50 price target. To see the full list of analyst forecasts on IMAX China Holding stock, see the HK:1970 Stock Forecast page.
More about IMAX China Holding
IMAX China Holding, Inc. operates in the cinema technology and entertainment industry, focusing on premium large-format movie experiences and related services across the Greater China market. The company works with exhibitors and studios to deliver IMAX-branded screening formats, leveraging proprietary projection and sound technology to enhance theatrical moviegoing in one of the world’s largest film markets.
YTD Price Performance: 14.38%
Average Trading Volume: 85,961
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.86B
See more insights into 1970 stock on TipRanks’ Stock Analysis page.