Raffles Interior Ltd. ( (HK:1376) ) has issued an announcement.
Raffles Interior Ltd. announced the termination of Peng Shangfeng as a non-executive director due to her failure to fulfill her fiduciary duties, including addressing financial concerns related to a subsidiary. The decision does not require shareholder approval, and the company is seeking a replacement to comply with board diversity requirements under Hong Kong Stock Exchange rules.
More about Raffles Interior Ltd.
Raffles Interior Ltd. is a company incorporated in the Cayman Islands that specializes in the interior design industry. The company is involved in various operations through its subsidiaries and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -55.29%
Average Trading Volume: 662,857
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$77M
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