Legend Holdings Revamps Board Governance

Legend Holdings Corporation Class H (HK:3396) has released an update.

Legend Holdings Corporation has updated its corporate governance framework, detailing the structure and decision-making processes of its Board of Directors. The board will consist of 5 to 19 members, with at least one-third being independent directors, each serving a maximum of three years and eligible for re-election. These changes aim to enhance the company’s governance and ensure the protection of shareholder interests, particularly through independent director oversight.

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