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Wah Wo Holdings Group Limited ( (HK:9938) ) has issued an update.
Wah Wo Holdings Group Limited, incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange, is facing a significant corporate governance challenge following the passing of Mr. Wu Wing Kuen, an independent non-executive director. His death has resulted in the company failing to meet several regulatory requirements related to board composition and committee chairmanships as stipulated by the Hong Kong Stock Exchange’s Listing Rules. The company is actively seeking suitable candidates to fill these roles to comply with the regulations within the next three months.
More about Wah Wo Holdings Group Limited
YTD Price Performance: 47.14%
Average Trading Volume: 525,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$103M
Find detailed analytics on 9938 stock on TipRanks’ Stock Analysis page.