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Sino Gas Names New Independent Director to Restore HKEX Governance Compliance

Story Highlights
  • Sino Gas appointed veteran financier Chan Kai Wing as independent director and key board committee member.
  • His appointment restores the company’s full compliance with Hong Kong listing rules on independent board and audit oversight.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sino Gas Names New Independent Director to Restore HKEX Governance Compliance

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The latest announcement is out from Sino Gas Holdings Group Limited ( (HK:1759) ).

Sino Gas Holdings Group Limited has appointed Mr. Chan Kai Wing as an independent non-executive director, chairman of the audit committee, and a member of both the remuneration and nomination committees effective 18 December 2025. Chan, a seasoned accounting and financial advisory professional with over three decades of experience and multiple current independent directorships on Hong Kong-listed companies, will serve a three-year term and has been confirmed as independent under Hong Kong listing standards. His appointment restores the company’s compliance with Hong Kong Stock Exchange listing rules on the minimum number of independent non-executive directors, the requirement for at least one independent director with appropriate accounting or financial management expertise, and the minimum size of the audit committee, following a prior resignation in September 2025.

The most recent analyst rating on (HK:1759) stock is a Hold with a HK$0.95 price target. To see the full list of analyst forecasts on Sino Gas Holdings Group Limited stock, see the HK:1759 Stock Forecast page.

More about Sino Gas Holdings Group Limited

Sino Gas Holdings Group Limited is a company listed on the Hong Kong Stock Exchange that operates through a group structure, though this announcement does not specify its exact industry segment, products or services. The group is incorporated in the Cayman Islands with limited liability and is subject to Hong Kong listing regulations governing board composition, independent directors and board committees.

Average Trading Volume: 35,694

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$237.6M

See more insights into 1759 stock on TipRanks’ Stock Analysis page.

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