An announcement from China International Development Corporation Limited ( (HK:0264) ) is now available.
China International Development Corporation Limited has issued a supplemental announcement regarding the appointment of executive directors and a non-executive director. The clarification corrects an earlier clerical error, stating that Mr. Fong holds a 61% equity interest and Mr. Loubert indirectly holds a 13% equity interest in Flex Fuel Hydrogen Development Group Limited, which is a significant shareholder in the company’s joint venture. This announcement ensures transparency in the company’s governance and may impact stakeholder perceptions regarding its management structure.
More about China International Development Corporation Limited
China International Development Corporation Limited operates in the joint venture sector, focusing on partnerships such as Flex Fuel Eco Company Limited. The company is involved in developing and managing joint ventures, with a particular interest in the energy sector, as evidenced by its stake in Flex Fuel Hydrogen Development Group Limited.
YTD Price Performance: 29.49%
Average Trading Volume: 2,782,101
Technical Sentiment Signal: Sell
Current Market Cap: HK$906.7M
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