CTF Services Limited Strengthens Governance with New Audit Committee Terms

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CTF Services Limited Strengthens Governance with New Audit Committee Terms

The latest announcement is out from NWS Holdings ( (HK:0659) ).

CTF Services Limited has outlined the terms of reference for its Audit Committee, which will be composed of non-executive directors, with a majority being independent. The committee is tasked with overseeing financial management and audit processes, meeting at least twice a year, and ensuring compliance with the Listing Rules of the Hong Kong Stock Exchange. This move is expected to strengthen the company’s governance framework, enhance transparency, and potentially improve investor confidence by ensuring rigorous oversight of financial practices.

More about NWS Holdings

YTD Price Performance: -1.11%

Average Trading Volume: 160

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $3.94B

For a thorough assessment of 0659 stock, go to TipRanks’ Stock Analysis page.

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