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The latest announcement is out from Paladin Limited ( (HK:0495) ).
Paladin Limited, a Bermuda-incorporated company listed in Hong Kong, announced the resignation of independent non-executive director Luo Rongxuan, who also stepped down from the audit, remuneration and nomination committees to focus on personal commitments. The board noted there was no disagreement with Luo and expressed thanks for his service. The departure leaves Paladin in breach of Hong Kong listing rules requiring at least three independent non-executive directors, prompting the company to seek suitable candidates to restore compliance within three months. Trading in Paladin’s shares has already been suspended since November 2024 and will remain halted until further notice, leaving investors exposed to prolonged illiquidity and the risk of potential delisting if the suspension extends to 18 months.
The most recent analyst rating on (HK:0495) stock is a Sell with a HK$0.01 price target. To see the full list of analyst forecasts on Paladin Limited stock, see the HK:0495 Stock Forecast page.
More about Paladin Limited
Technical Sentiment Signal: Sell
Current Market Cap: HK$19.69M
For an in-depth examination of 0495 stock, go to TipRanks’ Overview page.