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The latest update is out from Magnificent Hotel Investments Limited ( (HK:0201) ).
Magnificent Hotel Investments Limited has established a Nomination Committee as per a board resolution passed on March 28, 2012. This committee is composed of both non-executive and executive directors, with a majority being independent non-executive directors. The committee must have at least three members, with a quorum of two, and the chairman should be either the board chairman or an independent non-executive director. Additionally, the board is required to appoint at least one director of a different gender to the committee. This move is likely to enhance the governance structure of the company by ensuring diverse and independent oversight in its nomination processes.
More about Magnificent Hotel Investments Limited
Average Trading Volume: 1,278,686
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$617.3M
For detailed information about 0201 stock, go to TipRanks’ Stock Analysis page.