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The latest announcement is out from Macau Legend Development ( (HK:1680) ).
Macau Legend Development Limited announced that the tenure of independent non-executive director (INED) Mr. Lau Ngai Kee, Ricky will expire on 28 December 2025, and he has chosen not to renew his appointment, stepping down simultaneously as chairman of the audit committee and as a member of the remuneration and nomination committees. His departure leaves the company with only two INEDs, putting its board and key committees temporarily out of compliance with Hong Kong listing rules on minimum numbers and proportions of independent directors and on committee composition; the board has pledged to identify suitable candidates and restore compliance within three months, with further announcements to follow, signalling a near-term governance and regulatory priority for the company and its stakeholders.
The most recent analyst rating on (HK:1680) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Macau Legend Development stock, see the HK:1680 Stock Forecast page.
More about Macau Legend Development
Macau Legend Development Limited is a Hong Kong-listed company incorporated in the Cayman Islands and continued in Bermuda, operating in the gaming and leisure sector with interests in integrated entertainment and hospitality projects in Macau and related markets.
YTD Price Performance: -75.52%
Average Trading Volume: 228,243
Technical Sentiment Signal: Sell
Current Market Cap: HK$293M
See more data about 1680 stock on TipRanks’ Stock Analysis page.