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Mingfa Group Updates on PRC Subsidiary Board Restructuring

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Mingfa Group Updates on PRC Subsidiary Board Restructuring

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The latest announcement is out from Mingfa Group (International) Co. Ltd. ( (HK:0846) ).

Mingfa Group (International) Company Limited has announced a progress update on the restructuring of the boards of directors for its PRC subsidiaries. As of the announcement date, two subsidiaries have submitted applications for director changes, pending approval from local regulatory authorities. The restructuring will be finalized upon receiving these approvals, and the company will continue to provide monthly updates on the progress.

The most recent analyst rating on (HK:0846) stock is a Hold with a HK$0.10 price target. To see the full list of analyst forecasts on Mingfa Group (International) Co. Ltd. stock, see the HK:0846 Stock Forecast page.

More about Mingfa Group (International) Co. Ltd.

Mingfa Group (International) Company Limited is incorporated in the Cayman Islands and operates in the real estate industry, focusing on property development and investment primarily within the People’s Republic of China (PRC).

Average Trading Volume: 222,405

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$639.8M

For a thorough assessment of 0846 stock, go to TipRanks’ Stock Analysis page.

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