Sinomax Group Enhances Remuneration Committee Structure

Sinomax Group Ltd. (HK:1418) has released an update.

Sinomax Group Ltd. has updated the terms of reference for its Remuneration Committee, which is responsible for developing transparent remuneration policies for directors, senior management, and employees. The committee, established by the board and consisting of a majority of independent non-executive directors, will ensure adherence to the Corporate Governance Code as per Hong Kong Stock Exchange regulations. This move underscores the company’s commitment to formal and transparent governance practices.

For further insights into HK:1418 stock, check out TipRanks’ Stock Analysis page.