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Sunfonda Group Discloses Board Composition and Committee Roles

Story Highlights
  • Sunfonda Group detailed its board composition, naming four executive and three independent non-executive directors.
  • The company clarified committee roles and leadership, enhancing governance transparency for key oversight areas.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sunfonda Group Discloses Board Composition and Committee Roles

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Sunfonda Group Holdings Ltd. ( (HK:1771) ) just unveiled an announcement.

Sunfonda Group Holdings Limited has announced the composition of its board of directors and outlined the allocation of responsibilities across its key governance committees. The board comprises four executive directors, led by chairman Wu Tak Lam, and three independent non-executive directors, who collectively oversee the audit, nomination, remuneration, and finance and investment committees, with designated chairs and members for each. This updated disclosure clarifies the company’s governance structure and decision-making framework, underscoring the role of independent directors in committee leadership and enhancing transparency for shareholders regarding oversight of financial reporting, executive pay, board appointments, and capital allocation decisions.

The most recent analyst rating on (HK:1771) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sunfonda Group Holdings Ltd. stock, see the HK:1771 Stock Forecast page.

More about Sunfonda Group Holdings Ltd.

Average Trading Volume: 94,681

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$148.8M

See more data about 1771 stock on TipRanks’ Stock Analysis page.

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