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Melco International Strengthens Governance With Formal Audit Committee Mandate

Story Highlights
  • Melco International has codified the structure and membership rules of its Audit Committee to align with Hong Kong listing governance standards.
  • The Audit Committee is granted broad authority over auditor oversight, investigations and financial reporting integrity to reinforce Melco’s internal controls and transparency.
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Melco International Strengthens Governance With Formal Audit Committee Mandate

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The latest announcement is out from Melco International ( (HK:0200) ).

Melco International has formalised detailed terms of reference for its Audit Committee, defining its composition, responsibilities and powers in line with Hong Kong Stock Exchange governance requirements. The committee must comprise at least three non‑executive directors, mostly independent, with at least one member holding professional accounting or financial management expertise, and its chair and membership are appointed and removed by the board.

The Audit Committee is empowered to investigate company activities, access all books and records, obtain independent professional advice and report suspected fraud, internal control failures or legal breaches to the board. Its duties include overseeing the appointment and independence of external auditors, setting policies on non‑audit services, meeting auditors without executives present, and monitoring the integrity of the company’s financial reporting, reinforcing oversight and investor confidence in Melco’s governance framework.

The most recent analyst rating on (HK:0200) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Melco International stock, see the HK:0200 Stock Forecast page.

More about Melco International

Melco International Development Limited is a Hong Kong‑incorporated company listed on the Hong Kong Stock Exchange. It operates as an investment holding and development group with interests spanning leisure, entertainment and related services across Asian markets, and is subject to local corporate governance and listing regulations.

Average Trading Volume: 6,207,743

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$8.22B

Find detailed analytics on 0200 stock on TipRanks’ Stock Analysis page.

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