Hang Lung Group (HK:0010) has released an update.
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Hang Lung Group has updated the terms of reference for its Nomination and Remuneration Committee, effective June 13, 2024. The committee, primarily comprising Independent Non-Executive Directors, is tasked with reviewing the board’s structure, diversity, and director appointments in line with the company’s corporate strategy. Additionally, they are responsible for overseeing director and senior management remuneration policies and packages, ensuring a formal and transparent process.
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