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Kunming Dianchi Water Treatment Faces Board Compliance Challenge After Director Resignation

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Kunming Dianchi Water Treatment Faces Board Compliance Challenge After Director Resignation

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Kunming Dianchi Water Treatment Co., Ltd. Class H ( (HK:3768) ) has provided an announcement.

Kunming Dianchi Water Treatment Co., Ltd. announced the resignation of Mr. Ong King Keung as an independent non-executive director and member of several committees due to his decision to focus on other business endeavors. His departure leaves the company non-compliant with certain Hong Kong Stock Exchange listing rules regarding the composition of its board and committees. The company is actively seeking suitable candidates to fill these vacancies within three months to restore compliance.

The most recent analyst rating on (HK:3768) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Kunming Dianchi Water Treatment Co., Ltd. Class H stock, see the HK:3768 Stock Forecast page.

More about Kunming Dianchi Water Treatment Co., Ltd. Class H

Kunming Dianchi Water Treatment Co., Ltd. is a joint stock company incorporated in China, focusing on water treatment services. The company operates with various subsidiaries, providing essential services in the water treatment industry.

Average Trading Volume: 172,896

Technical Sentiment Signal: Buy

Current Market Cap: HK$720.4M

See more insights into 3768 stock on TipRanks’ Stock Analysis page.

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