Mingfa Group Updates on Director Change Submissions for Remaining Chinese Subsidiaries

Stock News
Aug 31

Mingfa Group (00846) has issued a new corporate update regarding the proposed board restructuring across its Chinese subsidiaries.

As of the latest announcement date, the remaining two China-based subsidiaries have now formally submitted their director change applications to the relevant local regulatory authorities and are currently awaiting approval.

The restructuring of the boards at the subsidiary level is expected to be completed once the local authorities issue the necessary approvals and documentation.

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