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South Manganese Investment Limited Reduces Directors’ Fees

Story Highlights
  • South Manganese Investment Limited cuts directors’ fees from HK$300,000 to HK$50,000 annually.
  • The fee reduction aligns with market conditions and benefits shareholders, effective June 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
South Manganese Investment Limited Reduces Directors’ Fees

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South Manganese Investment Limited ( (HK:1091) ) just unveiled an update.

South Manganese Investment Limited has announced a significant reduction in the annual fees for its directors, decreasing from HK$300,000 to HK$50,000, effective June 1, 2025. This decision, approved by the board, reflects the company’s response to current market conditions and aims to align with prevailing director fee levels, benefiting the company and its shareholders.

More about South Manganese Investment Limited

South Manganese Investment Limited is a company incorporated in Bermuda, focusing on investments in the manganese industry. It operates through its subsidiaries and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 4,195,242

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.19B

For an in-depth examination of 1091 stock, go to TipRanks’ Stock Analysis page.

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