Prosper Construction Formalizes Terms of Reference for Nomination Committee

Prosper Construction Holdings Limited has formalized the terms of reference for its nomination committee, which will consist of at least three directors, a majority of whom must be independent non-executive members, and include at least one member of a different gender. The committee will oversee director nominations and adhere to enhanced governance standards, with specified rules on meetings and information access. This move aims to strengthen corporate governance and transparency for shareholders and stakeholders.