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Lam Soon (Hong Kong) Limited ( (HK:0411) ) has shared an update.
Lam Soon (Hong Kong) Limited has revised the terms of reference for its Board Remuneration Committee, effective from September 16, 2025. The committee, which was initially established in 2005, is tasked with overseeing and making recommendations on the remuneration policies for directors and senior management. This includes ensuring fair compensation practices and compliance with corporate governance standards. The revised terms emphasize the importance of independent oversight by requiring the committee to be chaired by an independent non-executive director and composed mainly of independent members. This move aims to enhance transparency and accountability in the company’s remuneration practices, potentially impacting stakeholder trust and corporate governance ratings.
More about Lam Soon (Hong Kong) Limited
Lam Soon (Hong Kong) Limited operates in the consumer goods industry, focusing on the production and distribution of edible oils, flour, and other food products. The company is known for its market presence in Hong Kong and the surrounding regions.
Average Trading Volume: 2,769
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.7B
For an in-depth examination of 0411 stock, go to TipRanks’ Overview page.