Infinity Development Appoints New Financial Controller to Bolster Cross-Market Oversight

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

Infinity Development Holdings Company Limited has announced the appointment of Mr. Lai Ta-Liang as its Financial Controller, effective 6 March 2026. The move, disclosed as an overseas regulatory announcement in Hong Kong following publication on the Singapore Exchange, signals a reinforcement of the company’s financial management and compliance framework across its dual listing platforms.

The appointment, reviewed by the company’s Singapore sponsor Xandar Capital for regulatory compliance, underscores the firm’s efforts to maintain robust oversight of its financial reporting. By strengthening its senior finance function, Infinity Development is likely aiming to support its operational needs as a cross-market issuer and to enhance transparency and governance for shareholders in both Hong Kong and Singapore.

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 on both the Hong Kong Stock Exchange and the Singapore Exchange. The company operates with a board comprising three executive directors and four independent non-executive directors, reflecting a typical governance structure for a cross-border listed issuer.

Average Trading Volume: 92,428

Technical Sentiment Signal: Buy

Current Market Cap: HK$830M

For an in-depth examination of 0640 stock, go to TipRanks’ Overview page.