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Austar Lifesciences Updates Risk Management Committee Terms

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Austar Lifesciences Updates Risk Management Committee Terms

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Austar Lifesciences Ltd. ( (HK:6118) ) just unveiled an announcement.

Austar Lifesciences Limited has announced updates to the terms of reference for its Risk Management Committee (RMC), which is a part of the company’s Board of Directors. The RMC is responsible for overseeing risk management practices and will consist of at least three members appointed by the Board. The chairman of the RMC is also appointed by the Board, and the committee has the authority to invite other directors or executives to attend meetings if their presence is deemed beneficial for fulfilling the committee’s duties. This update reflects the company’s ongoing commitment to robust governance and risk management practices, which are crucial for maintaining its operational integrity and stakeholder confidence.

More about Austar Lifesciences Ltd.

Average Trading Volume: 114,269

Technical Sentiment Signal: Sell

Current Market Cap: HK$353.7M

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