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Pacific Basin Shipping ( (HK:2343) ) has issued an update.
Pacific Basin Shipping Limited has announced the re-designation of Mr. Mats Henrik Berglund from a Non-Executive Director to an Independent Non-Executive Director, effective November 21, 2025. This change is part of the company’s strategic move to enhance board effectiveness, leveraging Mr. Berglund’s extensive experience and independent judgment. The re-designation is not expected to impact his remuneration, and the Stock Exchange has agreed with the company’s assessment of his independence, ensuring compliance with relevant listing rules. This move is anticipated to positively influence the company’s strategic and policy development, benefiting stakeholders.
The most recent analyst rating on (HK:2343) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Pacific Basin Shipping stock, see the HK:2343 Stock Forecast page.
More about Pacific Basin Shipping
Pacific Basin Shipping Limited is a company operating in the shipping industry, focusing on providing dry bulk shipping services. The company is known for its extensive fleet and serves a global market, facilitating the transportation of commodities across international waters.
Average Trading Volume: 15,730,005
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.47B
See more insights into 2343 stock on TipRanks’ Stock Analysis page.