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Prosperous Industrial Faces Compliance Challenge Following Director Resignation

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Prosperous Industrial Faces Compliance Challenge Following Director Resignation

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Prosperous Industrial (Holdings) Ltd. ( (HK:1731) ) has issued an update.

Prosperous Industrial (Holdings) Limited announced the resignation of Mr. Wong Kwun Ho, an independent non-executive director, who stepped down to focus on family commitments. His resignation follows an investigation by the Independent Commission Against Corruption of Hong Kong, although the company states this does not impact its operations. The resignation has led to non-compliance with certain Hong Kong Stock Exchange listing rules, prompting the company to seek a replacement to restore compliance.

The most recent analyst rating on (HK:1731) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Prosperous Industrial (Holdings) Ltd. stock, see the HK:1731 Stock Forecast page.

More about Prosperous Industrial (Holdings) Ltd.

Average Trading Volume: 363,508

Technical Sentiment Signal: Buy

Current Market Cap: HK$862.4M

Find detailed analytics on 1731 stock on TipRanks’ Stock Analysis page.

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