Swang Chai Chuan Limited Updates Nomination Committee Terms

Swang Chai Chuan Limited ( (HK:2321) ) just unveiled an announcement.

Swang Chai Chuan Limited has revised the terms of reference for its Nomination Committee, which is responsible for overseeing the selection and appointment of directors. The committee will consist of at least three directors, with a majority being independent non-executive directors, and must include at least one member of a different gender. This move is likely to enhance the company’s governance structure by ensuring diverse and independent oversight in its board appointments.

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