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Wai Hung Group Sets Out Updated Board Roles and Committee Structure

Story Highlights
  • Wai Hung Group detailed its board composition, noting suspended duties for two executives.
  • Independent directors now chair all key committees, signaling stronger governance oversight.
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Wai Hung Group Sets Out Updated Board Roles and Committee Structure

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Wai Hung Group Holdings Ltd. ( (HK:3321) ) has shared an update.

Wai Hung Group Holdings Limited, a Cayman Islands–incorporated company listed in Hong Kong, has outlined the current composition of its board of directors, comprising executive, non-executive, and independent non-executive members. The company has appointed non-executive director Li Chun Ho as acting chairman and noted that executive directors Li Kam Hung and Yu Ming Ho are under suspension of duties. The announcement also details the structure and membership of the audit, remuneration, and nomination committees, all of which are chaired by independent non-executive directors, underscoring an emphasis on independent oversight and governance amid leadership adjustments.

More about Wai Hung Group Holdings Ltd.

Wai Hung Group Holdings Limited is a company incorporated in the Cayman Islands with limited liability and listed in Hong Kong under stock code 3321. The announcement focuses on its corporate governance structure, particularly the composition and roles of its board of directors and key board committees, which are central to overseeing its operations and strategic direction.

Average Trading Volume: 1,897,656

Technical Sentiment Signal: Buy

Current Market Cap: HK$42.39M

Find detailed analytics on 3321 stock on TipRanks’ Stock Analysis page.

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