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Transmit Entertainment Faces Compliance Challenges After Director Resignation

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Transmit Entertainment Faces Compliance Challenges After Director Resignation

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An update from Transmit Entertainment Ltd. ( (HK:1326) ) is now available.

Transmit Entertainment Ltd. announced the resignation of Mr. Wang Bo as an independent non-executive director and chairman of the nomination and remuneration committees. His departure has led to non-compliance with several Hong Kong Stock Exchange listing rules regarding board composition and committee structures. The company is actively seeking a replacement to ensure compliance within three months.

More about Transmit Entertainment Ltd.

Transmit Entertainment Ltd. is a company incorporated in the Cayman Islands, operating in the entertainment industry. It focuses on media and entertainment services, though specific market focus details are not provided in the release.

YTD Price Performance: -15.00%

Average Trading Volume: 848,052

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$88.25M

For a thorough assessment of 1326 stock, go to TipRanks’ Stock Analysis page.

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