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China Tontine Wines Faces Compliance Challenge Amid Resignation
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China Tontine Wines Faces Compliance Challenge Amid Resignation

China Tontine Wines Group (HK:0389) has released an update.

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China Tontine Wines Group Limited announced the resignation of its joint company secretary and authorized representative, Ms. Li Yuen Shan, effective October 16, 2024. The departure leaves the company temporarily non-compliant with Hong Kong Stock Exchange rules requiring two authorized representatives, prompting an urgent search for a replacement. Meanwhile, trading in the company’s shares remains suspended pending the release of its interim financial results.

For further insights into HK:0389 stock, check out TipRanks’ Stock Analysis page.

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