Infinity Development Bolsters Finance and Governance Team After Key Resignations

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

Infinity Development Holdings has strengthened its senior finance and compliance team following the recent resignation of its former financial controller and company secretary. The company appointed Lai Ta-Liang, previously the Group’s Director of Finance, as Financial Controller effective 6 March 2026, expanding his remit to include financial reporting, internal controls and compliance with dual listing obligations in Hong Kong and Singapore.

The board also named veteran accountant Chan Kong Wang as Company Secretary, authorized representative under Hong Kong listing rules and service agent for legal process, also effective 6 March 2026. With more than three decades of accounting and auditing experience and top-tier professional qualifications, Chan is expected to enhance the group’s corporate governance framework, signaling management’s focus on stability and regulatory rigor after the leadership transition in its finance and secretarial functions.

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. The group operates through multiple subsidiaries, with a focus on maintaining robust financial oversight and compliance across its dual-listed structure in the Hong Kong and Singapore capital markets.

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.