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Dah Sing Banking Group Enhances Governance with New Audit Committee

Story Highlights
  • Dah Sing Banking Group has formed an Audit Committee to oversee internal controls and audits.
  • The Committee aims to improve governance and accountability, impacting operational efficiency.
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Dah Sing Banking Group Enhances Governance with New Audit Committee

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Dah Sing Banking Group ( (HK:2356) ) has shared an announcement.

Dah Sing Banking Group Limited has established an Audit Committee to oversee its internal control systems and the work of both internal and external auditors. The Committee’s responsibilities include ensuring the objectivity and credibility of financial reporting and overseeing the audit processes. The Committee is composed of non-executive directors, primarily independent ones, and is authorized to seek information and professional advice as needed. This move is expected to enhance the company’s governance and accountability, potentially impacting its operational efficiency and stakeholder confidence.

The most recent analyst rating on (HK:2356) stock is a Buy with a HK$11.50 price target. To see the full list of analyst forecasts on Dah Sing Banking Group stock, see the HK:2356 Stock Forecast page.

More about Dah Sing Banking Group

Average Trading Volume: 1,325,004

Technical Sentiment Signal: Buy

Current Market Cap: HK$13.26B

Learn more about 2356 stock on TipRanks’ Stock Analysis page.

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