Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Morimatsu International Holdings Company Limited ( (HK:2155) ) has provided an announcement.
Morimatsu International Holdings has announced the passing of independent non-executive director Kanno Shinichiro, who also served on the audit and remuneration committees and was recognized by the board for his professional expertise and long-standing contributions to the company’s decision-making. His death leaves the company temporarily non-compliant with Hong Kong listing rules regarding the minimum number and board proportion of independent non-executive directors, as well as the required composition of its audit and remuneration committees; Morimatsu said it will appoint new independent directors as soon as reasonably practicable to restore full compliance and will issue further announcements when appropriate.
The most recent analyst rating on (HK:2155) stock is a Hold with a HK$9.00 price target. To see the full list of analyst forecasts on Morimatsu International Holdings Company Limited stock, see the HK:2155 Stock Forecast page.
More about Morimatsu International Holdings Company Limited
Morimatsu International Holdings Company Limited is a Hong Kong-incorporated company listed on the Stock Exchange of Hong Kong, engaged in providing industrial equipment and engineering solutions, with its board comprising executive, non-executive and independent non-executive directors overseeing its governance and regulatory compliance as a listed issuer.
Average Trading Volume: 4,063,215
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.71B
For detailed information about 2155 stock, go to TipRanks’ Stock Analysis page.