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Mayer Holdings Updates on Director’s Emoluments and Roles

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Mayer Holdings Updates on Director’s Emoluments and Roles

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Mayer Holdings Ltd. ( (HK:1116) ) has provided an announcement.

Mayer Holdings Ltd. has announced updates regarding the emoluments of Mr. Lu Jianping, an independent non-executive director. Effective from March 2022, Mr. Lu will no longer receive a director’s fee but will be compensated for his roles as chairman and supervisor in various subsidiaries, reflecting his supervisory duties. The Board confirms Mr. Lu’s independence based on his non-executive role, ensuring compliance with Listing Rules and maintaining oversight of management decisions to protect the company’s interests.

More about Mayer Holdings Ltd.

Mayer Holdings Ltd. is involved in various sectors through its subsidiaries, including Guangzhou Mayer Corporation Limited, Guangzhou Mayer Technology Development Co., Ltd., and Guangzhou Mayer Energy Storage Technology Co., Ltd. The company focuses on providing supervisory and management oversight to ensure sound operations and compliance in its various business segments.

YTD Price Performance: 0%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.83B

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