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Oriental Enterprise Holdings Limited Forms Audit Committee to Strengthen Governance

Story Highlights
  • Oriental Enterprise Holdings Limited has formed an Audit Committee with independent directors.
  • The committee aims to enhance governance and compliance with financial regulations.
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Oriental Enterprise Holdings Limited Forms Audit Committee to Strengthen Governance

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Oriental Enterprise Holdings Limited ( (HK:0018) ) has shared an update.

Oriental Enterprise Holdings Limited has established an Audit Committee as a sub-committee of its board of directors. This committee is composed of at least three members, primarily independent non-executive directors, with at least one member possessing professional qualifications in accounting or financial management. The committee’s responsibilities include overseeing financial reporting and compliance with the Listing Rules of the Hong Kong Stock Exchange. The establishment of this committee is expected to enhance the company’s governance and ensure adherence to financial regulations, thereby strengthening its market position and stakeholder confidence.

More about Oriental Enterprise Holdings Limited

YTD Price Performance: 6.67%

Technical Sentiment Signal: Buy

Current Market Cap: €110M

Find detailed analytics on 0018 stock on TipRanks’ Stock Analysis page.

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