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Wai Chun Group Implements Remedial Measures for Compliance

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Wai Chun Group Implements Remedial Measures for Compliance

Wai Chun Group Holdings Limited ( (HK:1013) ) has issued an announcement.

Wai Chun Group Holdings Limited has announced remedial measures to address non-compliance with the Listing Rules related to connected and disclosable transactions. The company has implemented a series of actions, including circulating a list of connected persons to subsidiaries, requiring finance and compliance department approvals for fund transfers, submitting monthly contract summaries for compliance checks, and conducting internal training sessions to ensure adherence to Chapters 13, 14, and 14A of the Listing Rules. These measures aim to enhance compliance and governance, potentially improving the company’s operational integrity and stakeholder confidence.

More about Wai Chun Group Holdings Limited

YTD Price Performance: -14.17%

Average Trading Volume: 59,030

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$27.54M

For an in-depth examination of 1013 stock, go to TipRanks’ Stock Analysis page.

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