Infinity Development Announces Cessation of Company Secretary and Financial Controller

Infinity Development Holdings Co. Ltd. ( (HK:0640) ) has provided an update.

Infinity Development Holdings has issued an overseas regulatory announcement to its Hong Kong and Singapore shareholders regarding a board-level administrative change within the group. The disclosure is made in compliance with Hong Kong listing rules and cross-referenced to a document published on the Singapore Exchange website on 2 March 2026.

The company reported the cessation of Mr. Shum Hoi Luen from his roles as company secretary and financial controller, signaling a key change in its corporate governance and financial management functions. The announcement, reviewed by sponsor Xandar Capital for regulatory compliance, underscores the firm’s obligation to maintain transparent communication with investors across its dual listings.

The most recent analyst rating on (HK:0640) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Infinity Development Holdings Co. Ltd. stock, see the HK:0640 Stock Forecast page.

More about Infinity Development Holdings Co. Ltd.

Infinity Development Holdings Company Limited is a Cayman Islands-incorporated company listed in both Hong Kong and Singapore, trading under stock codes 640 and ZBA respectively. The group operates as a cross-border listed issuer, subject to regulatory oversight from Hong Kong Exchanges and Clearing and the Singapore Exchange, and is governed by a board comprising executive and independent non-executive directors.

Average Trading Volume: 98,221

Technical Sentiment Signal: Buy

Current Market Cap: HK$839.5M

For a thorough assessment of 0640 stock, go to TipRanks’ Stock Analysis page.