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Kwan Yong Reshapes Nomination Committee to Bolster Governance

Story Highlights
  • Kwan Yong Holdings has reconstituted its nomination committee, adding independent director Fong Heng Boo and removing non-executive director Chou Sean Yu.
  • The committee now has a majority of independent directors, aligning with listing rules and aimed at enhancing board effectiveness, diversity and governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kwan Yong Reshapes Nomination Committee to Bolster Governance

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Kwan Yong Holdings Limited ( (HK:9998) ) has issued an announcement.

Kwan Yong Holdings Limited has reshaped its board’s nomination committee, appointing independent non-executive director Fong Heng Boo as a new member and removing non-executive director Chou Sean Yu from the committee with effect from 7 January 2026. The reconfigured nomination committee now consists of three independent non-executive directors and two executive directors, maintaining a majority of independent members in line with Hong Kong listing requirements, a move the board believes will strengthen board effectiveness, enhance diversity, and bolster the company’s overall corporate governance framework.

The most recent analyst rating on (HK:9998) stock is a Hold with a HK$0.40 price target. To see the full list of analyst forecasts on Kwan Yong Holdings Limited stock, see the HK:9998 Stock Forecast page.

More about Kwan Yong Holdings Limited

Kwan Yong Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands and overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical governance structure for a listed corporate entity in the region.

Average Trading Volume: 800,409

Technical Sentiment Signal: Buy

Current Market Cap: HK$296M

For detailed information about 9998 stock, go to TipRanks’ Stock Analysis page.

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