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Shanghai Industrial Holdings Faces Board Compliance Challenge After Director’s Passing

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Shanghai Industrial Holdings Faces Board Compliance Challenge After Director’s Passing

Shanghai Industrial Holdings ( (HK:0363) ) has shared an update.

Shanghai Industrial Holdings Limited announced the passing of Prof. Woo Chia-Wei, an independent non-executive director and chairman of key committees. His passing leaves the company temporarily non-compliant with Hong Kong Stock Exchange listing rules regarding board composition. The company is actively seeking a replacement to restore compliance within three months.

More about Shanghai Industrial Holdings

YTD Price Performance: -3.90%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.61B

See more insights into 0363 stock on TipRanks’ Stock Analysis page.

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