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The latest announcement is out from Raffles Financial Group ( (TSE:RICH) ).
Raffles Financial Group announced a change in its Board of Directors, with the resignation of Mr. David Wong and the appointment of Mr. William Ying as an Independent Director. Mr. Ying brings extensive experience in corporate finance and administration, having led and funded high-growth companies through various financial strategies. His appointment is expected to enhance the company’s governance and support its long-term growth objectives, strengthening the board’s oversight and strategic guidance.
More about Raffles Financial Group
Raffles Financial Group, listed on the Canadian Securities Exchange under the symbol RICH:CN, specializes in public listing advisory and arrangement services, including corporate restructuring and mergers & acquisitions. The company operates subsidiaries in Hong Kong, serving clients from the Asia-Pacific region in industries such as AI, blockchain, cloud-database, cybersecurity, renewable energy, and more. RFG targets clients aiming for a market cap between US$150 million to US$300 million upon IPO, with net earnings of at least US$10 million.
Technical Sentiment Signal: Sell
Current Market Cap: C$142.7M
For a thorough assessment of RICH stock, go to TipRanks’ Stock Analysis page.