Beijing Properties Sets Up Nomination Committee

Beijing Properties (Holdings) Limited (HK:0925) has released an update.

Beijing Properties (Holdings) Limited has established a Nomination Committee to ensure a formal and transparent process for the company’s human resources strategy concerning directors and senior management, including their remuneration. The committee, primarily composed of independent non-executive directors, meets at least annually or more frequently if needed, and makes decisions by a simple majority vote. Resolutions can be passed through meetings or unanimously agreed upon written resolutions, with comprehensive minutes recorded for transparency.

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