An update from Air China ( (HK:0753) ) is now available.
Air China Limited has announced the proposed election of new directors for its board. The nominations include Mr. Ma Chongxian and Mr. Wang Mingyuan as executive directors, and several non-executive directors and independent non-executive directors. The proposed directors will not receive remuneration except for independent non-executive directors, whose compensation will follow national policies. These changes are set to be approved at an upcoming extraordinary general meeting, which signifies a strategic move to potentially realign leadership and governance structures, impacting stakeholders by reinforcing the company’s direction and governance.
More about Air China
Air China Limited is a major airline company based in the People’s Republic of China, primarily engaged in providing air passenger and cargo transportation services. It operates in the aviation industry, focusing on both domestic and international markets.
YTD Price Performance: 0%
Average Trading Volume: 4,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £13.26B
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