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CHK Oil Strengthens Governance with New Audit Committee

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CHK Oil ( (HK:0632) ) has shared an announcement.

CHK Oil has announced the establishment of an Audit Committee, which is composed entirely of non-executive directors, with a majority being independent. This strategic move aims to enhance the company’s governance and compliance with the Hong Kong Stock Exchange’s listing rules. The Audit Committee is tasked with overseeing financial reporting and auditing processes, meeting at least twice a year, and ensuring transparency and accountability in the company’s financial operations.

More about CHK Oil

YTD Price Performance: -27.78%

Average Trading Volume: 11,596,789

Technical Sentiment Signal: Sell

Current Market Cap: HK$334.3M

For detailed information about 0632 stock, go to TipRanks’ Stock Analysis page.

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