Public Financial Holdings (00626) has announced that SOMERLEY CAP, a licensed corporation under the Securities and Futures Ordinance for Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities, has been appointed as its independent financial advisor.

The appointment marks a strategic step for PUBLIC FIN HOLD as it seeks professional guidance on its financial affairs. SOMERLEY CAP, with its regulatory licensing for both securities trading and corporate finance advisory, brings specialized expertise to support the company's objectives. The move underscores the company's commitment to ensuring robust independent oversight in its financial decision-making processes.

This development comes as part of the company's ongoing efforts to strengthen its governance framework and align with best practices in corporate management. By engaging an independent advisor, PUBLIC FIN HOLD aims to enhance transparency and objectivity in its operations, providing assurance to stakeholders and investors alike.