Hony Media Group Launches New Audit Committee

Huayi Tencent Entertainment Co., Ltd. (HK:0419) has released an update.

Hony Media Group has established a new Audit Committee composed exclusively of non-executive directors, with the majority being independent. The committee must have at least three members, one of whom should have relevant financial expertise as per Hong Kong’s Listing Rules. Meetings are set to take place at least twice a year, with procedures in place to ensure all members are notified and able to participate, even via electronic means.

For further insights into HK:0419 stock, check out TipRanks’ Stock Analysis page.