Tungtex Sets Out Board Line-Up and Committee Roles

Tungtex (Holdings) Co ( (HK:0518) ) just unveiled an announcement.

Tungtex (Holdings) Company Limited has announced the current composition of its board of directors, comprising three executive directors and four independent non-executive directors. The leadership structure is led by Chairman Martin Tung Hau Man, Vice Chairman Billy Tung Chung Man and Managing Director Raymond Tung Wai Man, supported by independent directors Tony Chang Chung Kay, Kenneth Yuen Ki Lok, Wilson Yu Wing Sang and Lee Siu Mei.

The company has also detailed the membership of its three key board committees: audit, remuneration and nomination. Independent directors take prominent roles in these committees, with Kenneth Yuen Ki Lok chairing the audit committee, Tony Chang Chung Kay chairing the remuneration committee and Martin Tung Hau Man chairing the nomination committee, signaling an emphasis on governance oversight and board-level checks and balances for stakeholders.

The most recent analyst rating on (HK:0518) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Tungtex (Holdings) Co stock, see the HK:0518 Stock Forecast page.

More about Tungtex (Holdings) Co

Tungtex (Holdings) Company Limited is a Hong Kong-incorporated company listed under stock code 00518. The group operates in the apparel and garment sector, focusing on the design and manufacturing of clothing products for global brand customers and retailers, leveraging its production network and sourcing capabilities across key manufacturing hubs in Asia.

Average Trading Volume: 90,407

Technical Sentiment Signal: Sell

Current Market Cap: HK$85.7M

See more data about 0518 stock on TipRanks’ Stock Analysis page.