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The latest announcement is out from Daido Group Limited ( (HK:0544) ).
Daido Group Limited, a company listed on the Hong Kong Stock Exchange, has announced several significant changes in its board and executive structure. The company has seen the resignation of two non-executive directors, Mr. Au Tat Wai and Mr. Fung Wa Ko, and the retirement of Mr. Ho Hon Chung, Ivan from his roles as Executive Director and Acting CEO. These changes are part of a broader strategy to enhance corporate governance in line with the upcoming amendments to the Corporate Governance Code. The board has appointed Mr. Fung Pak Kei as the new authorized representative, Ms. Kwan Nga Chung as a member of the Nomination Committee, and Mr. Leung Chi Hung as the Lead Independent Non-Executive Director. These appointments aim to strengthen the company’s governance and diversity, potentially impacting its overall performance positively.
More about Daido Group Limited
Average Trading Volume: 1,622,953
Technical Sentiment Signal: Sell
Current Market Cap: HK$21.76M
Find detailed analytics on 0544 stock on TipRanks’ Stock Analysis page.