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South China Vocational Education Group Enhances Internal Controls with New Measures

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South China Vocational Education Group Enhances Internal Controls with New Measures

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South China Vocational Education Group Co., Ltd. ( (HK:6913) ) has issued an announcement.

South China Vocational Education Group Co., Ltd. has announced the implementation of new measures to address an audit issue related to the documentation of services provided by third-party vendors for marketing and student recruitment. These measures include requiring vendors to provide detailed working plans, increasing supervision and checks, maintaining communication records, and holding periodic meetings. The Board believes these steps will enhance the company’s internal controls and ensure compliance with contractual terms.

More about South China Vocational Education Group Co., Ltd.

South China Vocational Education Group Co., Ltd. operates in the vocational education industry, providing educational services and training programs aimed at enhancing vocational skills. The company focuses on student recruitment and marketing services to expand its reach in the education sector.

Average Trading Volume: 1,567,005

Technical Sentiment Signal: Hold

Current Market Cap: HK$400.2M

See more insights into 6913 stock on TipRanks’ Stock Analysis page.

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