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Vietnam Manufacturing & Export Processing Faces Board Compliance Challenge After Director’s Passing

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Vietnam Manufacturing & Export Processing Faces Board Compliance Challenge After Director’s Passing

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Vietnam Manufacturing & Export Processing (Holdings) Ltd. ( (HK:0422) ) has provided an announcement.

Vietnam Manufacturing & Export Processing (Holdings) Ltd. announced the passing of Mr. Cheung On Kit Andrew, an independent non-executive director and a member of the audit and nomination committees. His passing leaves the company non-compliant with several Hong Kong Stock Exchange listing rules regarding board composition and committee membership. The company is actively seeking a replacement to meet these regulatory requirements within the stipulated three-month period.

The most recent analyst rating on (HK:0422) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Vietnam Manufacturing & Export Processing (Holdings) Ltd. stock, see the HK:0422 Stock Forecast page.

More about Vietnam Manufacturing & Export Processing (Holdings) Ltd.

Vietnam Manufacturing & Export Processing (Holdings) Ltd. is a company incorporated in the Cayman Islands, focusing on manufacturing and export processing. It is listed on the Hong Kong Stock Exchange and operates within the manufacturing industry.

Average Trading Volume: 25,704

Technical Sentiment Signal: Sell

Current Market Cap: HK$385.8M

Find detailed analytics on 0422 stock on TipRanks’ Stock Analysis page.

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