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Longfor Group Holdings Enhances Board Governance with New Nomination Committee

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Longfor Group Holdings Enhances Board Governance with New Nomination Committee

Longfor Group Holdings ( (HK:0960) ) has shared an announcement.

Longfor Group Holdings Limited has established a Nomination Committee to identify and recommend suitable candidates for its Board of Directors. This move is aimed at enhancing the governance structure by ensuring the Board is composed of qualified individuals, including a majority of independent non-executive directors. The Committee will meet at least once annually and is responsible for developing nomination guidelines consistent with applicable laws and regulations. This initiative is expected to strengthen the company’s leadership and align its operations with industry standards, potentially impacting its market positioning positively.

More about Longfor Group Holdings

Longfor Group Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed under the stock code 960. The company focuses on real estate development and management, providing a range of services and products in the property sector.

YTD Price Performance: -9.52%

Average Trading Volume: 21,800

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.77B

For an in-depth examination of 0960 stock, go to TipRanks’ Stock Analysis page.

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