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Regal Partners Holdings Enhances Internal Controls Following Disciplinary Action

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Regal Partners Holdings Enhances Internal Controls Following Disciplinary Action

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Morris Home Holdings Limited ( (HK:1575) ) has provided an announcement.

Regal Partners Holdings Limited, a company incorporated in the Cayman Islands, has been subject to disciplinary action by the Hong Kong Stock Exchange due to breaches related to a guarantee provided by its subsidiary, Zhejiang Morris Fashion Home Co., Ltd. In response, the company has engaged APAC Compliance Consultancy and Internal Control Services Limited to conduct an independent review of its internal controls to ensure compliance with corporate governance standards and listing rules. The review identified gaps and exceptions in the company’s risk management and governance processes, with recommendations provided to address these issues.

More about Morris Home Holdings Limited

YTD Price Performance: 27.87%

Average Trading Volume: 632,454

Technical Sentiment Signal: Buy

Current Market Cap: HK$251.5M

See more data about 1575 stock on TipRanks’ Stock Analysis page.

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