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Wai Chun Group Faces Non-Compliance After Director Resignation

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Wai Chun Group Faces Non-Compliance After Director Resignation

Elevate Your Investing Strategy:

Wai Chun Group Holdings Limited ( (HK:1013) ) has provided an update.

Wai Chun Group Holdings Limited announced the resignation of Dr. Wang Wei as an independent non-executive director, who also stepped down from various committee roles due to personal commitments. This resignation, along with a previous one, has led to the company’s non-compliance with certain Hong Kong Stock Exchange listing rules regarding the number of independent directors and audit committee members. The company is actively seeking suitable candidates to fill these vacancies to meet regulatory requirements.

More about Wai Chun Group Holdings Limited

YTD Price Performance: -18.80%

Average Trading Volume: 69,627

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$25.4M

For an in-depth examination of 1013 stock, go to TipRanks’ Stock Analysis page.

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