First Service Holding Sets Up Governance Committee

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

First Service Holding Limited has established a nomination committee, as per a board resolution on September 28, 2020, to oversee board appointments, ensuring a majority of independent non-executive director membership. The committee, requiring at least three members, meets annually or more as needed, with provisions for additional meetings and electronic communication. It is mandated that the committee’s decisions are made by majority vote with independent oversight for the integrity of the voting process.

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