tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kafelaku Coffee Announces New Chairman Amidst Compliance Challenges

Story Highlights
Kafelaku Coffee Announces New Chairman Amidst Compliance Challenges

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Li Bao Ge Group Ltd. ( (HK:1869) ).

Kafelaku Coffee Holding Limited has announced the appointment of Mr. Cui Zhiqiang as the new chairman of the board, replacing Ms. Leung Ka Wai, who will continue as an executive director. Mr. Cui, a substantial shareholder of the company, brings extensive leadership experience from his previous roles in various companies. This change in leadership comes with a non-compliance issue with the Hong Kong Stock Exchange’s listing rules regarding gender diversity in the nomination committee, which the company is actively working to address by identifying suitable candidates to join the committee.

More about Li Bao Ge Group Ltd.

Average Trading Volume: 871,578

Technical Sentiment Signal: Sell

Current Market Cap: HK$165M

For a thorough assessment of 1869 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1