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Lianhua Supermarket Proposes Key Amendments to Articles of Association

Story Highlights
  • Lianhua plans to abolish its Supervisory Committee, shifting duties to the Audit Committee.
  • Amendments align with new regulations, introducing electronic voting and hybrid meetings.
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Lianhua Supermarket Proposes Key Amendments to Articles of Association

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An update from Lianhua Supermarket Holdings Co ( (HK:0980) ) is now available.

Lianhua Supermarket Holdings Co., Ltd. has announced proposed amendments to its Articles of Association, which include abolishing the Supervisory Committee and transferring its duties to the Audit Committee. These changes are in response to new guidelines and regulations, including the introduction of electronic voting and hybrid shareholder meetings, ensuring compliance with updated laws and enhancing operational efficiency.

More about Lianhua Supermarket Holdings Co

Lianhua Supermarket Holdings Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates within the retail industry, focusing on supermarket operations and related services.

Average Trading Volume: 516,747

Technical Sentiment Signal: Buy

Current Market Cap: HK$621.4M

For an in-depth examination of 0980 stock, go to TipRanks’ Overview page.

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