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Newton Resources Ltd. ( (HK:1231) ) has provided an update.
Newton Resources Ltd. has announced significant leadership changes effective from July 1, 2025. Mr. Luk Yue Kan will resign from his roles as executive director, chief financial officer, company secretary, and authorized representative, with Mr. Lam Chun Kit taking over these positions. Mr. Lam brings extensive experience in finance and accounting, having previously served as the financial controller of VMS Investment Group Limited and holding various roles in the investment properties and oil and gas sectors. This transition is expected to impact the company’s strategic direction and operations, potentially influencing its market positioning and stakeholder relationships.
More about Newton Resources Ltd.
Average Trading Volume: 170,521
Technical Sentiment Signal: Sell
Current Market Cap: HK$940M
For a thorough assessment of 1231 stock, go to TipRanks’ Stock Analysis page.