Raffles Interior Ltd. (HK:1376) has released an update.
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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.
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