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Regent Pacific Sets Out Enhanced Audit Committee Mandate and Structure

Story Highlights
  • Regent Pacific has formalised the Audit Committee’s mandate over financial reporting and risk controls.
  • The Audit Committee will comprise mostly independent non-executive directors and meet at least twice annually.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Regent Pacific Sets Out Enhanced Audit Committee Mandate and Structure

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An update from Endurance RP ( (HK:0575) ) is now available.

Regent Pacific Group Limited has formalised and updated the written terms of reference for its Audit Committee, setting out a clear mandate to oversee financial reporting, risk management and internal control systems, as well as the audit process. The committee will be composed solely of non-executive directors, with a majority being independent non-executive directors who meet Hong Kong listing rule requirements, and will meet at least twice a year to review interim and annual results, strengthening oversight of the company’s financial governance and its relationship with internal and external auditors.

The most recent analyst rating on (HK:0575) stock is a Hold with a HK$0.79 price target. To see the full list of analyst forecasts on Endurance RP stock, see the HK:0575 Stock Forecast page.

More about Endurance RP

Regent Pacific Group Limited, incorporated in the Cayman Islands and based in Hong Kong, is a listed investment group that operates through various subsidiaries, with its securities traded on The Stock Exchange of Hong Kong. The company is subject to Hong Kong listing requirements and corporate governance standards, including maintaining independent board committees to oversee financial reporting and internal controls.

Average Trading Volume: 144,333

Technical Sentiment Signal: Hold

Current Market Cap: HK$291.8M

Learn more about 0575 stock on TipRanks’ Stock Analysis page.

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