Wing On Sets Out Updated Terms of Reference for Remuneration Committee

Wing On Co. International Ltd. ( (HK:0289) ) has shared an announcement.

Wing On Company International Limited has formalised and updated the terms of reference for its Remuneration Committee, a board committee originally established in 2005 to oversee pay policies for directors and senior management across the group. The document sets out the committee’s composition—at least three members with a majority of independent non-executive directors and an independent chairman—its meeting frequency, quorum and procedures, as well as its authority to access resources and professional advice. The Remuneration Committee is tasked with recommending the company’s remuneration policy and structure, ensuring a formal and transparent process for setting pay, and reviewing and approving senior management remuneration proposals in line with the board’s corporate goals and objectives, underscoring the group’s emphasis on stronger governance and accountability around executive compensation.

The most recent analyst rating on (HK:0289) stock is a Hold with a HK$12.50 price target. To see the full list of analyst forecasts on Wing On Co. International Ltd. stock, see the HK:0289 Stock Forecast page.

More about Wing On Co. International Ltd.

Wing On Company International Limited is a Bermuda-incorporated company listed in Hong Kong that operates through a group structure, though this announcement focuses on its corporate governance framework rather than its operating businesses, with oversight provided by a board of directors and various board committees.

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Technical Sentiment Signal: Buy

Current Market Cap: HK$4.01B

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