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Melbourne Enterprises Limited ( (HK:0158) ) just unveiled an announcement.
Melbourne Enterprises Limited has announced the resignation of Mr. Lo Pak Shiu as an Independent Non-executive Director due to potential conflicts of interest arising from his shareholding in the company. This resignation has resulted in temporary non-compliance with Hong Kong Stock Exchange listing rules, as the company now lacks the required number of independent directors on its board and committees. The company is actively seeking a suitable replacement to restore compliance within three months.
More about Melbourne Enterprises Limited
Average Trading Volume: 3,304
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.56B
For a thorough assessment of 0158 stock, go to TipRanks’ Stock Analysis page.