Virscend Education Faces Compliance Challenge After Director’s Passing

Virscend Education Company Limited (HK:1565) has released an update.

Virscend Education Company Limited mourns the loss of Mr. Wen Ruizheng, an independent non-executive director who significantly contributed to the company. His passing leaves the company with a compliance gap as it now lacks sufficient independent directors and audit committee members as required by Hong Kong Stock Exchange rules. The company is actively seeking suitable candidates to fill these roles within the next three months.

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