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Prosper Construction Holdings Limited ( (HK:6816) ) has shared an announcement.
Prosper Construction Holdings Limited has formally set out the terms of reference for its Board Risk Management Committee, which was established by resolution on 22 June 2016. The committee must consist of at least three directors, with a majority being independent non-executive directors, and is chaired and appointed by the board, with the company secretary serving as its secretary.
The document details procedures for convening meetings, notice periods, quorum requirements, and the frequency of at least one meeting per year, with flexibility for additional sessions as needed. It also clarifies that written resolutions signed by all committee members carry the same weight as in-person decisions, and members are not permitted to appoint alternates, underscoring a focus on accountability and robust risk oversight in the company’s governance framework.
More about Prosper Construction Holdings Limited
Prosper Construction Holdings Limited operates in the construction industry, providing building and related construction services. The company is governed by a board of directors that includes a mix of executive and independent non-executive directors, reflecting standard corporate governance practices for listed construction firms.
Average Trading Volume: 39,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$152M
Learn more about 6816 stock on TipRanks’ Stock Analysis page.