Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Khoon Group Limited ( (HK:0924) ) has issued an update.
Khoon Group Limited has announced the resignation of independent non-executive director Ms. Fang Lihua Ruby, who also served on the audit, remuneration and nomination committees, effective 5 January 2026, citing a desire to devote more time to personal and other business commitments; the company noted there was no disagreement between her and the board and expressed gratitude for her contributions. Her departure leaves the board with only two independent non-executive directors and creates temporary non-compliance with Hong Kong listing rules on the minimum number of independent directors, audit committee size and gender diversity on the nomination committee, prompting Khoon Group to commit to appointing a suitable replacement within three months and to issue further announcements as appropriate, a move that will be closely watched by regulators and shareholders concerned about governance standards.
More about Khoon Group Limited
Khoon Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded on the Main Board of the Stock Exchange of Hong Kong under stock code 924. The board currently consists of one executive director and two independent non-executive directors, with its corporate governance structure overseen by audit, remuneration and nomination committees in line with Hong Kong listing requirements.
Average Trading Volume: 265,600
Technical Sentiment Signal: Sell
Current Market Cap: HK$138M
Learn more about 0924 stock on TipRanks’ Stock Analysis page.