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KLN Logistics Group Limited ( (HK:0636) ) has issued an announcement.
KLN Logistics Group Limited has updated and formally adopted revised terms of reference for its Nomination Committee, aligning its board governance practices with the latest Corporate Governance Code requirements of the Hong Kong Stock Exchange. The revised framework sets out the committee’s composition, requiring at least three directors with a majority being independent non-executive directors and at least one member of a different gender, as well as rules on meeting frequency, quorum, access to information and secretarial support. These changes are designed to strengthen board oversight of director nominations and diversity, enhance transparency and decision-making, and reinforce the company’s corporate governance standards for shareholders and other stakeholders.
The most recent analyst rating on (HK:0636) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on KLN Logistics Group Limited stock, see the HK:0636 Stock Forecast page.
More about KLN Logistics Group Limited
KLN Logistics Group Limited, incorporated in the British Virgin Islands and continued in Bermuda as an exempted company, is listed on the Main Board of the Hong Kong Stock Exchange under stock code 636. The company operates in the logistics sector, providing transportation and related logistics services to customers in regional and international markets.
Average Trading Volume: 1,197,924
Technical Sentiment Signal: Sell
Current Market Cap: HK$13.12B
See more insights into 0636 stock on TipRanks’ Stock Analysis page.