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CN Logistics Formalises Nomination Committee Terms to Bolster Governance

Story Highlights
  • CN Logistics has formalised the terms of reference for its Board Nomination Committee to enhance governance.
  • The committee must have at least three directors, majority independent, gender diverse, and chaired by the board chair or an independent director, with the company secretary as secretary.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CN Logistics Formalises Nomination Committee Terms to Bolster Governance

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CN Logistics International Holdings Limited ( (HK:2130) ) has shared an update.

CN Logistics International Holdings Limited has formalised the terms of reference for its Board Nomination Committee, originally established by board resolution on 17 September 2020, to strengthen its corporate governance framework. The document sets out that the committee must comprise at least three directors with a majority being independent non-executive directors, include at least one member of a different gender, be chaired by either the board chairman or an independent non-executive director, and be supported by the company secretary as its secretary, clarifying responsibilities and structure for board member selection and nomination processes.

The most recent analyst rating on (HK:2130) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on CN Logistics International Holdings Limited stock, see the HK:2130 Stock Forecast page.

More about CN Logistics International Holdings Limited

CN Logistics International Holdings Limited is a Hong Kong-listed logistics services provider, operating in the international freight forwarding and logistics industry. The company focuses on providing integrated logistics solutions to global customers, including transportation, warehousing, and related supply chain services, serving a broad mix of corporate and commercial clients.

Average Trading Volume: 31,927

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1B

Learn more about 2130 stock on TipRanks’ Stock Analysis page.

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