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Skyworth Digital Holdings ( (HK:0751) ) has shared an update.
Skyworth Group Limited has disclosed that its independent non-executive director, Hung Ka Hai, Clement, has been publicly censured by the Hong Kong Stock Exchange in connection with his role as an independent non-executive director and committee chairman at Starjoy Wellness and his directorship at China Aoyuan. The Stock Exchange’s Listing Committee found that Hung, along with other relevant directors, failed to exercise reasonable skill, care and diligence regarding internal controls and procedures at those companies, and ordered him to complete 26 hours of training on regulatory, legal and Listing Rules compliance. Skyworth’s board, excluding Hung, reviewed the circumstances and concluded that the incident does not involve dishonesty, fraud or integrity issues, does not relate to Skyworth’s own affairs or operations, and does not affect Hung’s suitability or ability to continue serving as an independent non-executive director of Skyworth.
The most recent analyst rating on (HK:0751) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Skyworth Digital Holdings stock, see the HK:0751 Stock Forecast page.
More about Skyworth Digital Holdings
Skyworth Group Limited is a Bermuda-incorporated company listed in Hong Kong, operating through a group structure that includes various subsidiaries. The company is overseen by a board comprising executive and independent non-executive directors, reflecting a typical governance framework for a diversified, Hong Kong-listed corporate group.
Average Trading Volume: 4,326,352
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.78B
For an in-depth examination of 0751 stock, go to TipRanks’ Overview page.