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An announcement from Newton Resources Ltd. ( (HK:1231) ) is now available.
Newton Resources Ltd. has revised the terms of reference for its Nomination Committee, which is responsible for nominating directors from within the company. The committee must consist of at least three members, with a majority being independent non-executive directors, and must comply with the Hong Kong Stock Exchange’s listing rules. This revision aims to enhance the governance structure and ensure diversity, as it requires at least one member to be of a different gender. The changes are expected to strengthen the company’s leadership selection process, potentially impacting its strategic direction and stakeholder confidence.
More about Newton Resources Ltd.
Average Trading Volume: 170,521
Technical Sentiment Signal: Sell
Current Market Cap: HK$940M
For detailed information about 1231 stock, go to TipRanks’ Stock Analysis page.