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Wang On Properties Enhances Audit Committee Oversight

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Wang On Properties Enhances Audit Committee Oversight

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An update from Wang On Properties Ltd. ( (HK:1243) ) is now available.

Wang On Properties Limited has outlined the terms of reference for its Audit Committee, emphasizing its role in providing independent oversight of financial reporting and ensuring effective risk management and internal control systems. The committee is composed of non-executive directors, with a majority being independent, and is authorized to investigate activities within its remit and seek necessary information from employees. This move is likely to enhance corporate governance and transparency, benefiting stakeholders by ensuring robust financial oversight.

More about Wang On Properties Ltd.

Wang On Properties Limited is a company incorporated in Bermuda, primarily involved in property development and management. The company operates through its subsidiaries and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 913,429

Technical Sentiment Signal: Sell

Current Market Cap: HK$516.8M

For detailed information about 1243 stock, go to TipRanks’ Stock Analysis page.

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