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Infinity Development Announces Cessation of Independent Non-Executive Director

Story Highlights
  • Infinity Development, dual-listed in Hong Kong and Singapore, maintains a board combining executive and independent non-executive directors.
  • The company announced the cessation of independent non-executive director Chan Wing Yau George, signaling a governance transition in its board composition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Infinity Development Announces Cessation of Independent Non-Executive Director

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The latest update is out from Infinity Development Holdings Co. Ltd. ( (HK:0640) ).

Infinity Development Holdings Company Limited has issued an overseas regulatory announcement noting a change in its board composition, specifically the cessation of independent non-executive director Mr. Chan Wing Yau George. The announcement, released in Hong Kong and also filed with the Singapore Exchange, underscores the company’s ongoing obligations to both exchanges and signals a governance transition that may prompt adjustments to its board independence, committee structures, and oversight arrangements, though no further details on succession or replacement have yet been disclosed.

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 dual-listed company incorporated in the Cayman Islands with its shares traded on both the Hong Kong Stock Exchange and the Singapore Exchange. The group operates under a board structure comprising executive and independent non-executive directors, reflecting its orientation toward regulated capital markets and cross-border investors in Hong Kong and Singapore.

Average Trading Volume: 119,800

Technical Sentiment Signal: Buy

Current Market Cap: HK$814.1M

For detailed information about 0640 stock, go to TipRanks’ Stock Analysis page.

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