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United Energy Group ( (HK:0467) ) has shared an announcement.
United Energy Group has disclosed supplemental information on the remuneration of former chief executive officer Zhu Junfeng for the financial years 2018, 2019 and 2020, following a review of its previously issued annual reports. The company reported that Zhu received total emoluments of HK$7.65 million in 2018, HK$8.20 million in 2019 and HK$4.29 million in 2020, composed primarily of salary and, in the first two years, discretionary bonuses, with no fees, retirement benefits, housing allowance, inducement payments or compensation for loss of office, and no emoluments were waived. The clarification, which comes after Zhu’s resignation in November 2020, enhances transparency around executive pay and may address investor scrutiny over governance and disclosure practices at the Hong Kong-listed energy group.
The most recent analyst rating on (HK:0467) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on United Energy Group stock, see the HK:0467 Stock Forecast page.
More about United Energy Group
United Energy Group Limited is an energy company listed on the Hong Kong Stock Exchange, engaged in the exploration, development and production of oil and gas assets. The group operates through various subsidiaries and is focused on upstream energy operations, positioning itself as a regional player in the conventional energy sector.
Average Trading Volume: 57,889,226
Technical Sentiment Signal: Sell
Current Market Cap: HK$12.21B
For detailed information about 0467 stock, go to TipRanks’ Stock Analysis page.