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An announcement from Infinity Development Holdings Co. Ltd. ( (HK:0640) ) is now available.
Infinity Development Holdings Company Limited has announced the resignation of Mr. Shum Hoi Luen from his roles as financial controller, company secretary and authorised representative, effective 6 March 2026. The company noted that Mr. Shum is leaving for personal reasons and further career development, with no disagreements with the board or issues requiring shareholder attention.
The board expressed gratitude for Mr. Shum’s contributions and said it will identify suitable candidates to assume his responsibilities after his departure, with further announcements to follow when appointments are made. The leadership change in key financial and compliance roles underscores a transition period for the dual-listed company, though management has stressed continuity and the absence of governance disputes.
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. It operates with a board comprising three executive directors and four independent non-executive directors, reflecting a typical cross-market corporate governance structure for a dual-listed issuer.
Average Trading Volume: 98,221
Technical Sentiment Signal: Buy
Current Market Cap: HK$839.5M
For an in-depth examination of 0640 stock, go to TipRanks’ Overview page.