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An update from China Oilfield Services ( (HK:2883) ) is now available.
China Oilfield Services Limited has formalised detailed terms of reference for its Board Remuneration and Assessment Committee to strengthen the appraisal and pay management system for directors and senior management. The committee, positioned as a specialised governance body under the board, is responsible for setting evaluation standards, conducting performance assessments and formulating remuneration policies and plans for key executives, with a majority of its four members required to be independent non-executive directors and chaired by an independent director. The document also clarifies appointment procedures, tenure rules and succession arrangements for committee members, and establishes a dedicated working group to provide operational data, prepare meetings and implement committee resolutions, signalling an effort to enhance transparency, accountability and corporate governance practices for stakeholders.
The most recent analyst rating on (HK:2883) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on China Oilfield Services stock, see the HK:2883 Stock Forecast page.
More about China Oilfield Services
China Oilfield Services Limited is a Chinese oilfield services provider operating within the energy sector, offering offshore oilfield technical services such as drilling, well services, marine support and geophysical services to oil and gas companies. The company focuses on supporting upstream exploration and production activities, particularly in offshore markets aligned with China’s broader energy development strategy.
Average Trading Volume: 10,160,373
Technical Sentiment Signal: Sell
Current Market Cap: HK$56.98B
Learn more about 2883 stock on TipRanks’ Stock Analysis page.