First Service Holding Launches Audit Committee

First Service Holding Limited (HK:2107) has released an update.

First Service Holding Limited has established an audit committee as per a board resolution on September 28, 2020, consisting of at least three non-executive members, predominantly independent, with one having requisite financial expertise. The committee meets at least twice a year, with provisions for additional meetings, and engages with external auditors semi-annually, including sessions without management present. Members are appointed by the board, ensuring compliance with financial governance standards.

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