JBB Builders Sets Up Robust Audit Committee

JBB Builders International Ltd. (HK:1903) has released an update.

JBB Builders International Ltd. has defined the structure and duties of its Audit Committee, which will consist solely of non-executive directors, with a mandatory minimum of three members and a majority being independent. The committee, responsible for overseeing the company’s financial reporting and audit processes, will convene at least twice a year, with detailed provisions for meeting conduct, quorum, and resolution passage, ensuring robust governance and oversight.

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