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Raffles Interior Sets Out Board and Committee Structure, Elevating Independent Oversight

Story Highlights
  • Raffles Interior has confirmed its board lineup, led by acting chairman and lead independent director Wong Heung Ming Henry.
  • The firm detailed audit, remuneration and nomination committees now chaired by independent directors, boosting governance oversight.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Raffles Interior Sets Out Board and Committee Structure, Elevating Independent Oversight

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Raffles Interior Ltd. ( (HK:1376) ) just unveiled an announcement.

Raffles Interior Limited has announced the current composition of its board of directors, comprising two executive directors (with duties of Mr. Zheng Nenghuan suspended), one non-executive director, and three independent non-executive directors, with Mr. Wong Heung Ming Henry serving as Acting Chairman of the Board and Lead Independent Non-executive Director. The company has also detailed the membership of its three key board committees—Audit, Remuneration and Nomination—now all chaired by independent non-executive directors, underscoring an enhanced governance framework and a stronger role for independent oversight in the company’s decision-making structure.

The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.

More about Raffles Interior Ltd.

Raffles Interior Limited is a Cayman Islands-incorporated company listed in Hong Kong (stock code: 1376). The company operates in the interior solutions sector, though this announcement focuses on its corporate governance structure rather than its operating activities or market focus.

Average Trading Volume: 4,063,609

Technical Sentiment Signal: Buy

Current Market Cap: HK$178M

Find detailed analytics on 1376 stock on TipRanks’ Stock Analysis page.

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