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The latest announcement is out from Raffles Interior Ltd. ( (HK:1376) ).
Raffles Interior Limited has announced that independent non-executive director Gay Soon Watt will resign from the board with effect from 22 January 2026 to focus on personal pursuits, with the company publicly acknowledging his contributions during his tenure. His departure leaves immediate vacancies in key governance roles—chair of the remuneration committee and memberships of the audit and nomination committees—putting the company temporarily in breach of Hong Kong listing rules on the minimum number of independent non-executive directors and the composition of its audit and remuneration committees; the company is seeking suitable candidates and aims to restore full compliance within three months, signaling a short-term governance gap that will be closely watched by regulators and investors.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.16 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
More about Raffles Interior Ltd.
Average Trading Volume: 3,693,684
Technical Sentiment Signal: Sell
Current Market Cap: HK$156M
Learn more about 1376 stock on TipRanks’ Stock Analysis page.