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Mongolia Energy Formalizes Governance Framework for Remuneration Committee

Story Highlights
  • Mongolia Energy has set formal terms for its Remuneration Committee, led by independent directors.
  • New rules define meeting, voting and disclosure procedures to strengthen remuneration oversight and accountability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mongolia Energy Formalizes Governance Framework for Remuneration Committee

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Mongolia Energy ( (HK:0276) ) has provided an update.

Mongolia Energy Corporation Limited has formalized the terms of reference for its Remuneration Committee, which is appointed by the board and must comprise a majority of independent non-executive directors, with an independent non-executive director serving as chairman. The document sets out governance procedures for the committee, including meeting frequency, notice periods, quorum and voting requirements, the keeping and circulation of minutes, and the role of the company secretary, while also requiring the committee’s leadership to attend the annual general meeting to address shareholders’ questions, underscoring the company’s focus on transparent oversight of remuneration and board-level accountability.

The most recent analyst rating on (HK:0276) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Mongolia Energy stock, see the HK:0276 Stock Forecast page.

More about Mongolia Energy

Mongolia Energy Corporation Limited is a Bermuda-incorporated company listed in Hong Kong (Stock Code: 276), operating in the energy and resources sector with a focus on Mongolian assets and related energy activities.

Average Trading Volume: 298,248

Technical Sentiment Signal: Hold

Current Market Cap: HK$137.3M

For detailed information about 0276 stock, go to TipRanks’ Stock Analysis page.

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