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APAC Resources Announces Board Changes with Director Retirement

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APAC Resources Announces Board Changes with Director Retirement

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APAC Resources ( (HK:1104) ) just unveiled an announcement.

APAC Resources Limited, a company listed on the Hong Kong Stock Exchange, has announced the retirement of Dr. Wong Wing Kuen, Albert, from his role as an independent non-executive director. Dr. Wong will also step down as chairman of the audit and remuneration committees and as a member of the nomination committee. This change is part of Dr. Wong’s retirement plan to pursue other interests. The company is actively seeking a suitable candidate to fill the vacancy to ensure compliance with the Hong Kong Stock Exchange’s listing rules, which require a certain number of independent directors with professional qualifications.

The most recent analyst rating on (HK:1104) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on APAC Resources stock, see the HK:1104 Stock Forecast page.

More about APAC Resources

Average Trading Volume: 1,488,809

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.15B

For detailed information about 1104 stock, go to TipRanks’ Stock Analysis page.

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