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China Kingstone Mining Faces Board Resignation and Compliance Challenges

Story Highlights
  • Mr. Yang Ruimin resigned as an independent director, causing non-compliance with listing rules.
  • The company is seeking a replacement and withdrew a related resolution from the SGM.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Kingstone Mining Faces Board Resignation and Compliance Challenges

An update from China Kingstone Mining Holdings Ltd ( (HK:1380) ) is now available.

China Kingstone Mining Holdings Limited announced the resignation of Mr. Yang Ruimin as an independent non-executive director due to personal work commitments, leading to non-compliance with certain Hong Kong Stock Exchange listing rules. The company is actively seeking a replacement to restore compliance and has withdrawn an ordinary resolution related to Mr. Yang’s removal from consideration at the upcoming special general meeting.

More about China Kingstone Mining Holdings Ltd

China Kingstone Mining Holdings Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the mining industry, focusing on the extraction and production of stone materials.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €6.19M

For a thorough assessment of 1380 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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