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COSCO SHIPPING Development Co. Establishes Remuneration Committee to Enhance Governance

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COSCO SHIPPING Development Co. Establishes Remuneration Committee to Enhance Governance

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COSCO SHIPPING Development Co ( (HK:2866) ) has shared an announcement.

COSCO SHIPPING Development Co., Ltd. has established a Remuneration Committee under its Board of Directors to enhance its corporate governance structure. The committee is tasked with formulating and reviewing remuneration policies for directors and officers, ensuring a transparent and formal procedure for remuneration policy development. This move is expected to align the company’s remuneration practices with industry standards and improve decision-making processes related to compensation, thereby potentially impacting its operational efficiency and stakeholder relations positively.

More about COSCO SHIPPING Development Co

COSCO SHIPPING Development Co., Ltd. operates in the shipping industry, focusing on the development and management of shipping and logistics services. The company is involved in providing shipping-related financial services and asset management, aiming to enhance its corporate governance and operational efficiency.

Average Trading Volume: 28,616,072

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$31.63B

For detailed information about 2866 stock, go to TipRanks’ Stock Analysis page.

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