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Yunnan Water Investment Proposes Governance Restructuring

Story Highlights
  • Yunnan Water plans to abolish its Board of Supervisors, transferring authority to the audit committee.
  • The company seeks to amend its Articles of Association and meeting procedures, pending shareholder approval.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yunnan Water Investment Proposes Governance Restructuring

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An update from Yunnan Water Investment Co., Limited Class H ( (HK:6839) ) is now available.

Yunnan Water Investment Co., Limited has announced the proposed abolition of its Board of Supervisors, with its authority to be transferred to the audit committee of the Board of Directors. Additionally, the company plans to amend its Articles of Association and the rules and procedures for shareholders’ general meetings and Board meetings, aligning them with the latest Company Law and relevant regulations. These changes aim to streamline governance and require approval from shareholders at an Extraordinary General Meeting (EGM).

The most recent analyst rating on (HK:6839) stock is a Sell with a HK$0.16 price target. To see the full list of analyst forecasts on Yunnan Water Investment Co., Limited Class H stock, see the HK:6839 Stock Forecast page.

More about Yunnan Water Investment Co., Limited Class H

Yunnan Water Investment Co., Limited is a joint stock limited liability company incorporated in the People’s Republic of China, focusing on water investment and management services.

Average Trading Volume: 301,897

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$216M

Learn more about 6839 stock on TipRanks’ Stock Analysis page.

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