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Sinotrans ( (HK:0598) ) has provided an announcement.
Sinotrans Limited has proposed amendments to its Articles of Association and Procedural Rules for Meetings of the Board to increase the number of board members from eleven to twelve. This change aims to enhance the company’s governance structure by adding one more independent non-executive director, which could potentially improve decision-making processes and strengthen oversight. The proposed amendments are pending approval from the company’s shareholders and relevant regulatory authorities.
The most recent analyst rating on (HK:0598) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Sinotrans stock, see the HK:0598 Stock Forecast page.
More about Sinotrans
Sinotrans Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates within the logistics and transportation industry, providing services that include freight forwarding, shipping agency, and logistics solutions. The company is focused on expanding its market presence and enhancing its operational efficiency.
Average Trading Volume: 8,724,681
Technical Sentiment Signal: Buy
Current Market Cap: HK$47.59B
For an in-depth examination of 0598 stock, go to TipRanks’ Overview page.