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Hengan International Chairman Takes Health-Related Leave as Board Affirms Stable Operations

Tipranks - Wed Jun 10, 5:16AM CDT

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An announcement from Hengan International Group Co ( (HK:1044) ) is now available.

Hengan International Group Company Limited announced that its chairman and executive director, Mr. Sze Man Bok, has taken a temporary leave of absence from his duties due to personal health reasons. The board emphasized that the group’s operations remain stable and continue to be managed by the chief executive officer, other executive directors and senior executives.

The company highlighted that its diversified board structure and robust corporate governance are expected to prevent any material adverse impact on its business, financial position or daily operations during Mr. Sze’s absence. The board expressed full support for Mr. Sze and his family, while assuring shareholders and potential investors that it remains business as usual for the group.

The most recent analyst rating on (HK:1044) stock is a Hold
with a HK$26.00 price target.
To see the full list of analyst forecasts on Hengan International Group Co stock,
see the HK:1044 Stock Forecast page.

More about Hengan International Group Co

Hengan International Group Company Limited is a consumer goods company listed in Hong Kong, incorporated in the Cayman Islands and focused on household and personal care products. The group operates through a diversified board and an established executive management team overseeing its daily management and strategic execution.

Average Trading Volume: 3,076,253

Technical Sentiment Signal: Sell

Current Market Cap: HK$28.3B

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