Raffles Interior Ltd. (HK:1376) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Raffles Interior Ltd. has terminated the appointment of Peng Shangfeng as a non-executive director due to significant lapses in her duties, including a lack of cooperation and disinterest in assigned tasks. The company plans to propose her removal at an extraordinary general meeting, but asserts that this change will not impact its operations. Investors should watch how this leadership change might influence the company’s future direction.
For further insights into HK:1376 stock, check out TipRanks’ Stock Analysis page.