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Mongolia Energy Strengthens Board with New Non-Executive and Independent Directors

Story Highlights
  • Mongolia Energy has named legal chief Frankie Choi as non-executive director and veteran banker Kenny Wei as independent non-executive director.
  • The board expects their legal and financial expertise to enhance governance, balance board structure and support the group’s future development.
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Mongolia Energy Strengthens Board with New Non-Executive and Independent Directors

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Mongolia Energy ( (HK:0276) ) has provided an update.

Mongolia Energy Corporation Limited, a Bermuda-incorporated company listed in Hong Kong, has announced changes to its board, appointing long-serving legal head Mr. Choi Man Yu, Frankie as a non-executive director and veteran banker Mr. Wei Chi Kuan Kenny as an independent non-executive director, effective 19 December 2025. The board says the appointments, made under its nomination and board diversity policies, will strengthen governance and oversight by adding deep legal and financial expertise, with Mr. Wei confirmed as independent under Hong Kong listing rules; both directors are subject to rotation and re-election and will receive annual fees based on their duties, a move expected to create a more balanced board structure and enhance supervisory functions for the group’s future development.

The most recent analyst rating on (HK:0276) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.

More about Mongolia Energy

Average Trading Volume: 350,103

Technical Sentiment Signal: Hold

Current Market Cap: HK$146.7M

See more insights into 0276 stock on TipRanks’ Stock Analysis page.

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