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An update from Powerlong Real Estate Holdings Ltd. ( (HK:1238) ) is now available.
Powerlong Real Estate Holdings Ltd. announced a change in its board, with Mr. Ngai Wai Fung resigning as the independent non-executive director and chairman of the Audit Committee, effective August 1, 2025. Mr. Au Yeung Po Fung, who has extensive experience in the real estate sector and has held senior management roles in various companies, will replace him. This leadership transition may impact the company’s strategic direction and governance, given Mr. Au Yeung’s substantial background in the industry.
More about Powerlong Real Estate Holdings Ltd.
Powerlong Real Estate Holdings Ltd. is a company incorporated in the Cayman Islands, operating within the real estate industry. The company, along with its subsidiaries, focuses on the development of residential and commercial properties, primarily in the People’s Republic of China.
Average Trading Volume: 2,351,433
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.49B
For a thorough assessment of 1238 stock, go to TipRanks’ Stock Analysis page.