TOM Group Enhances Board Oversight with Nomination Committee

TOM Group (HK:2383) has released an update.

TOM Group Limited has established a Nomination Committee, primarily composed of independent non-executive Directors, to oversee the structure, size, and diversity of the Board and ensure it aligns with the Group’s corporate strategy. The Committee, which meets at least once a year, is responsible for identifying and recommending suitable candidates for Board appointments and managing succession planning. It operates under terms that comply with the Corporate Governance Code and Hong Kong’s Securities Listing Rules, with the aim of promoting shareholder value.

For further insights into HK:2383 stock, check out TipRanks’ Stock Analysis page.