PAX Global Strengthens Governance with Formal Risk Management Committee Mandate

The latest update is out from PAX Global Technology ( (HK:0327) ).

PAX Global Technology Limited has formalised and disclosed the terms of reference for its Risk Management Committee, aligning its governance practices with the Corporate Governance Code under the Hong Kong Listing Rules. The committee, comprising at least three members drawn from the board and management, is empowered to investigate any relevant activities, access all group accounts and records, and obtain independent professional advice, ensuring it has adequate resources and authority to oversee risk-related matters. Its core responsibilities include reviewing the group’s risk management and internal control systems across financial, operational and compliance areas, overseeing the internal audit function and ESG performance and reporting, assessing decision-making processes in crisis and emergency situations, and reporting annually to the board on the effectiveness and adequacy of these systems and resources, thereby reinforcing the company’s risk oversight and governance standards for stakeholders.

The most recent analyst rating on (HK:0327) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on PAX Global Technology stock, see the HK:0327 Stock Forecast page.

More about PAX Global Technology

PAX Global Technology Limited is a Hong Kong-listed company in the technology sector, providing products and services through a group structure that includes various subsidiaries. The company operates under the corporate governance framework required by the Hong Kong Stock Exchange, with a focus on maintaining robust risk management, internal controls, and Environmental, Social and Governance (ESG) standards.

Average Trading Volume: 3,192,218

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.47B

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