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The latest update is out from Royale Home Holdings Limited ( (HK:1198) ).
Royale Home Holdings Limited has formally established a Nomination Committee under its board of directors, setting out detailed terms of reference to strengthen governance around board appointments and structure. The committee will comprise at least three members, with a majority being independent non-executive directors and at least one member of a different gender, and will be responsible for reviewing the board’s composition and skills, identifying and recommending candidates for directorships, assessing the independence of independent non-executive directors, and overseeing succession planning for key roles such as the chairman and chief executive officer. Empowered to obtain professional advice at the company’s expense and supported with sufficient resources, the Nomination Committee will meet at least annually, reflecting a more structured and transparent approach to board oversight that aims to enhance accountability and align the company’s governance framework with best practices for listed companies.
The most recent analyst rating on (HK:1198) stock is a Sell with a HK$0.12 price target. To see the full list of analyst forecasts on Royale Home Holdings Limited stock, see the HK:1198 Stock Forecast page.
More about Royale Home Holdings Limited
Royale Home Holdings Limited is a Hong Kong-listed company (stock code: 1198), with its board structured to include executive and independent non-executive directors and a focus on corporate governance practices aligned with market expectations for listed issuers.
Average Trading Volume: 133,073
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$350.8M
Find detailed analytics on 1198 stock on TipRanks’ Stock Analysis page.