Hang Lung Properties (HK:0101) has released an update.
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Hang Lung Properties has updated the terms of its Nomination and Remuneration Committee, effective from June 13, 2024. The committee, established in 2003, is tasked with ensuring the Board’s structure and diversity align with the company’s corporate strategy, and it oversees the appointment, re-appointment, and remuneration of Directors and senior management. Comprised of a majority of Independent Non-Executive Directors, the committee holds at least one meeting annually and has authority to seek independent professional advice.
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