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Royal Deluxe Holdings Ltd. ( (HK:3789) ) just unveiled an update.
Royal Deluxe Holdings has announced a board reshuffle, with independent non-executive director Lai Ah Ming Leon stepping down on 28 February 2026 to focus on personal and business commitments. The company said Lai has no disagreement with the board and there are no issues related to his resignation that need to be brought to shareholders’ attention.
He will be succeeded by veteran engineer Fok Sheung Wai, who joins the board as an independent non-executive director on 1 March 2026 after a 47-year career in the construction industry, including a long tenure at AECOM Asia. Fok’s appointment, on a three-year term with a monthly fee of HK$16,500, adds substantial technical and professional depth to the board and maintains compliance with independence requirements, which may bolster governance and oversight in the group’s construction operations.
The most recent analyst rating on (HK:3789) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Royal Deluxe Holdings Ltd. stock, see the HK:3789 Stock Forecast page.
More about Royal Deluxe Holdings Ltd.
Royal Deluxe Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating in the construction-related sector. The group focuses on building and civil engineering services in Hong Kong, drawing on industry expertise and professional engineering standards to support infrastructure and property development projects in its core market.
Average Trading Volume: 880,500
Technical Sentiment Signal: Buy
Current Market Cap: HK$128.4M
Learn more about 3789 stock on TipRanks’ Stock Analysis page.