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Kafelaku Coffee Faces Board Compliance Challenge

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Kafelaku Coffee Faces Board Compliance Challenge

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

Kafelaku Coffee Holding Limited, a company listed on the Hong Kong Stock Exchange, has announced the resignation of an independent non-executive director, Ms. Zhang. This resignation has resulted in the company not complying with the listing rule that requires independent non-executive directors to represent at least one-third of the board. The board is actively seeking a suitable candidate to fill the vacancy within three months to meet compliance requirements.

More about Li Bao Ge Group Ltd.

Average Trading Volume: 826,163

Technical Sentiment Signal: Sell

Current Market Cap: HK$174.9M

Find detailed analytics on 1869 stock on TipRanks’ Stock Analysis page.

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