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China Communications Services ( (HK:0552) ) has issued an announcement.
China Communications Services has formalised a Remuneration Committee Charter that sets out the structure, mandate and operating procedures of its board remuneration committee, reinforcing its adherence to PRC laws, listing rules and internal governance standards. The charter requires the committee to be composed of at least three members, with a majority of independent non-executive directors and an independent non-executive director serving as chair, and defines terms of office, appointment, removal and resignation processes, as well as quorum and decision-making mechanisms for meetings and written resolutions; the move underscores the company’s efforts to strengthen board oversight of pay and protect the interests of all shareholders, particularly minority investors.
The most recent analyst rating on (HK:0552) stock is a Buy with a HK$5.50 price target. To see the full list of analyst forecasts on China Communications Services stock, see the HK:0552 Stock Forecast page.
More about China Communications Services
China Communications Services Corporation Limited is a mainland China-based provider of telecommunications support services, operating in the information and communications technology (ICT) sector. The company focuses on infrastructure construction, business process outsourcing and applied telecommunications services for telecom operators, government agencies and enterprise customers in China and overseas markets.
Average Trading Volume: 7,396,115
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$31.79B
Find detailed analytics on 0552 stock on TipRanks’ Stock Analysis page.