Xi’an Kingfar Property Services Sets Formal Terms for Nomination Committee Governance

Xian Kingfar Property Services Co., Ltd. ( (HK:1354) ) just unveiled an update.

Xi’an Kingfar Property Services Co., Ltd. has formalised the terms of reference for its Nomination Committee, setting out its composition, governance framework and operating procedures. The Board-mandated committee must comprise at least three members, with a majority being independent non-executive directors and at least one director of a different gender, and will be chaired by either the Board chair or an independent non-executive director. The document details rules on member appointment terms, notice and quorum requirements, voting mechanisms, the role of the company secretary, and the keeping and circulation of meeting minutes, underscoring the company’s efforts to strengthen board-level governance and transparency. By codifying these structures, Kingfar aims to enhance oversight of board nominations and diversity, which may support stronger corporate governance standards and bolster confidence among investors and other stakeholders.

The most recent analyst rating on (HK:1354) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Xian Kingfar Property Services Co., Ltd. stock, see the HK:1354 Stock Forecast page.

More about Xian Kingfar Property Services Co., Ltd.

Xi’an Kingfar Property Services Co., Ltd. is a joint stock company incorporated in the People’s Republic of China with limited liability, listed under stock code 1354. The company operates in the property services sector, focusing on providing management and related services to property owners and users in mainland China and Hong Kong.

Average Trading Volume: 21,340

Technical Sentiment Signal: Sell

Current Market Cap: HK$210.7M

Learn more about 1354 stock on TipRanks’ Stock Analysis page.