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Kerry Logistics Network ( (HK:0636) ) just unveiled an update.
KLN Logistics Group Limited has revised the terms of reference for its Audit and Compliance Committee as part of its adherence to the Corporate Governance Codes issued by the HKEx. The committee, established in 2013, consists of non-executive directors with a majority being independent, ensuring robust oversight and compliance with financial and governance standards. This move is expected to enhance the company’s governance framework, potentially impacting its operational transparency and stakeholder trust positively.
The most recent analyst rating on (HK:0636) stock is a Hold with a HK$8.30 price target. To see the full list of analyst forecasts on Kerry Logistics Network stock, see the HK:0636 Stock Forecast page.
More about Kerry Logistics Network
KLN Logistics Group Limited, formerly known as Kerry Logistics Network, is a company incorporated in the British Virgin Islands and continued into Bermuda as an exempted company with limited liability. It was listed on the Main Board of The Stock Exchange of Hong Kong Limited in December 2013. The company operates in the logistics industry, focusing on providing comprehensive logistics solutions.
Average Trading Volume: 1,244,965
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$12.72B
For a thorough assessment of 0636 stock, go to TipRanks’ Stock Analysis page.