First Pacific Co. Forms Committee to Enhance Board Independence

The latest announcement is out from First Pacific Co ( (HK:0142) ).

First Pacific Company Limited, incorporated in Bermuda, has established an Ad Hoc Selection Committee to identify candidates for additional Independent Non-Executive Directors. This initiative is part of the company’s governance strategy to enhance its board’s independence and diversity. The committee, comprising existing Independent Non-Executive Directors, an Executive Director, and the Non-Executive Chairman, will report to both the board and the Nomination Committee. The move is expected to strengthen the company’s governance framework, potentially impacting its market perception positively.

The most recent analyst rating on (HK:0142) stock is a Buy with a HK$4.30 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

More about First Pacific Co

Average Trading Volume: 5,504,883

Technical Sentiment Signal: Buy

Current Market Cap: HK$24.46B

For a thorough assessment of 0142 stock, go to TipRanks’ Stock Analysis page.