Sinopec Shanghai Petrochemical Co (HK:0338) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Sinopec Shanghai Petrochemical Co. announced that its controlling shareholder, China Petroleum & Chemical Corporation, is proposing further amendments to the company’s Articles of Association and its appendix. These proposed changes, to be reviewed at the 2023 Annual General Meeting, aim to align with the Administrative Measures for Independent Directors of Listed Companies. The company has withdrawn a previous resolution in favor of submitting these new amendments for shareholder approval.
For further insights into HK:0338 stock, check out TipRanks’ Stock Analysis page.