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CITIC Resources Announces Director Resignation Amid Legal Proceedings

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CITIC Resources Announces Director Resignation Amid Legal Proceedings

CITIC Resources Holdings ( (HK:1205) ) just unveiled an announcement.

CITIC Resources Holdings Limited announced the resignation of Dr. Fan Ren Da Anthony, an independent non-executive director, following legal proceedings initiated by the Securities and Futures Commission of Hong Kong against him and other former directors of another company. Dr. Fan’s resignation, effective March 18, 2025, is seen as a step to uphold corporate governance, with the Board expressing gratitude for his long-term contributions.

More about CITIC Resources Holdings

YTD Price Performance: -6.25%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $353.9M

Learn more about 1205 stock on TipRanks’ Stock Analysis page.

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