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Kwong Luen Engineering Holdings Enhances Corporate Governance with New Nomination Committee Terms

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Kwong Luen Engineering Holdings Enhances Corporate Governance with New Nomination Committee Terms

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Kwong Luen Engineering Holdings Limited ( (HK:1413) ) just unveiled an update.

Kwong Luen Engineering Holdings Limited has announced the adoption of terms of reference for its Nomination Committee, which is aligned with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. The committee will consist of at least three members, primarily independent non-executive directors, and will be responsible for developing and reviewing the nomination policy, assessing board structure and diversity, and evaluating the independence of directors. This move is expected to enhance the company’s corporate governance practices and ensure a diverse and skilled board, which could positively impact its strategic direction and stakeholder confidence.

More about Kwong Luen Engineering Holdings Limited

Average Trading Volume: 16,375,888

Technical Sentiment Signal: Sell

Current Market Cap: HK$78M

Learn more about 1413 stock on TipRanks’ Stock Analysis page.

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