New World Development Strengthens Audit Committee Oversight

New World Development (HK:0017) has released an update.

New World Development has appointed Mrs. Law Fan Chiu-Fun, an independent non-executive director, to its audit committee, expanding the committee to five members. This strategic move is seen as a step to strengthen corporate governance and oversight, which could be of interest to investors keeping an eye on the company’s stock performance.

For further insights into HK:0017 stock, check out TipRanks’ Stock Analysis page.