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Hainan Meilan Airport Faces Board Resignation and Compliance Challenges

Story Highlights
  • Hainan Meilan Airport announced the resignation of Mr. Deng Tianlin as an independent director.
  • The resignation led to non-compliance with listing rules, prompting a search for new candidates.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hainan Meilan Airport Faces Board Resignation and Compliance Challenges

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Hainan Meilan International Airport Company ( (HK:0357) ) has provided an announcement.

Hainan Meilan International Airport Company Limited announced the resignation of Mr. Deng Tianlin as an independent non-executive director due to PRC government policies on retired officials in enterprises. This resignation has led to non-compliance with certain Hong Kong Stock Exchange Listing Rules regarding committee compositions, prompting the company to seek suitable candidates to fill the vacancies and ensure compliance.

The most recent analyst rating on (HK:0357) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

More about Hainan Meilan International Airport Company

Hainan Meilan International Airport Company Limited is a joint stock company incorporated in China, operating within the aviation industry. It focuses on airport management and related services, primarily serving the Hainan region.

Average Trading Volume: 2,368,160

Technical Sentiment Signal: Hold

Current Market Cap: HK$4.99B

For a thorough assessment of 0357 stock, go to TipRanks’ Stock Analysis page.

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