tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prosperity Group Announces Board and Committee Changes as INED Resigns

Story Highlights
  • Prosperity Group’s independent non-executive director Dr. Luo will resign and leave key board committees.
  • Non-executive director Ms. Chan joins the audit committee, keeping its three-member structure intact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prosperity Group Announces Board and Committee Changes as INED Resigns

Claim 70% Off TipRanks Premium

Kingbo Strike Ltd. ( (HK:1421) ) just unveiled an announcement.

Prosperity Group International Limited has announced the resignation of independent non-executive director Dr. Luo Xiaodong, who will step down from the board and from his roles on the nomination, audit and remuneration committees with effect from 31 December 2025 to pursue his personal business, with the company stating there is no disagreement or other matters requiring shareholder attention in relation to his departure. Non-executive director Ms. Chan Sheung Yu has been appointed as a member of the audit committee from the same date, ensuring the committee continues to comprise three members and signalling the group’s effort to maintain continuity and compliance in its board and committee structure despite the leadership change.

The most recent analyst rating on (HK:1421) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Kingbo Strike Ltd. stock, see the HK:1421 Stock Forecast page.

More about Kingbo Strike Ltd.

Prosperity Group International Limited is a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange under stock code 1421. It operates through a board structure comprising executive, non-executive and independent non-executive directors, with standard governance committees including audit, nomination and remuneration committees to oversee its corporate affairs and regulatory compliance.

Average Trading Volume: 908,849

Technical Sentiment Signal: Sell

Current Market Cap: HK$74.24M

Learn more about 1421 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1