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Luk Fook Holdings Enhances Governance with New Audit Committee

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Luk Fook Holdings Enhances Governance with New Audit Committee

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The latest announcement is out from Luk Fook Holdings (International) ( (HK:0590) ).

Luk Fook Holdings (International) Limited has established an Audit Committee to enhance its corporate governance framework. The committee will consist of at least three non-executive directors, with a majority being independent non-executive directors. The committee is tasked with overseeing financial reporting and ensuring compliance with regulatory requirements, which is expected to strengthen the company’s internal controls and provide greater transparency to stakeholders.

The most recent analyst rating on (HK:0590) stock is a Buy with a HK$27.18 price target. To see the full list of analyst forecasts on Luk Fook Holdings (International) stock, see the HK:0590 Stock Forecast page.

More about Luk Fook Holdings (International)

Luk Fook Holdings (International) Limited operates in the jewelry industry, focusing on the design, manufacture, and retail of a wide range of jewelry products. The company is known for its quality craftsmanship and has a significant market presence in Asia, particularly in Hong Kong and Mainland China.

Average Trading Volume: 1,497,569

Technical Sentiment Signal: Buy

Current Market Cap: HK$11.31B

Learn more about 0590 stock on TipRanks’ Stock Analysis page.

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