The latest update is out from Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ).
Metallurgical Corporation of China Ltd. has announced proposed amendments to its Articles of Association, the Rules of Procedure for Shareholders’ Meetings, and the Rules of Procedure for Board Meetings. These changes, driven by the new Company Law and regulatory requirements, include the abolishment of the Supervisory Committee, with its functions being transferred to the Audit Committee. This strategic move aims to streamline governance and align with state regulations, potentially impacting the company’s operational efficiency and governance structure.
More about Metallurgical Corporation of China Ltd. Class H
Metallurgical Corporation of China Ltd. is a company operating in the metallurgical industry, focusing on providing engineering, procurement, and construction services. It is involved in the development and production of metallurgical and mineral resources, with a market focus on infrastructure and construction projects.
YTD Price Performance: -10.53%
Average Trading Volume: 5,132
Technical Sentiment Signal: Buy
Current Market Cap: €6.77B
Learn more about 1618 stock on TipRanks’ Stock Analysis page.