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Petro-king Oilfield Services Updates Nomination Committee Structure

Story Highlights
  • Petro-king revises its Nomination Committee terms to comply with Hong Kong Stock Exchange rules.
  • The changes aim to strengthen governance and enhance regulatory compliance.
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Petro-king Oilfield Services Updates Nomination Committee Structure

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The latest announcement is out from Petro-king Oilfield Services Ltd. ( (HK:2178) ).

Petro-king Oilfield Services Ltd. has revised the terms of reference for its Nomination Committee as of July 2025. The committee, which will comply with the Hong Kong Stock Exchange’s Listing Rules, will consist of at least three members, predominantly independent non-executive directors, with a requirement for gender diversity. This move is likely to strengthen the company’s governance structure and enhance its compliance with regulatory standards, potentially impacting its industry positioning positively.

More about Petro-king Oilfield Services Ltd.

Petro-king Oilfield Services Ltd. operates in the oilfield services industry, providing specialized services and solutions to the oil and gas sector. The company focuses on delivering innovative technologies and services to enhance oilfield operations and efficiency.

Average Trading Volume: 16,753,546

Technical Sentiment Signal: Hold

Current Market Cap: HK$117.4M

Learn more about 2178 stock on TipRanks’ Stock Analysis page.

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