
Prosper Construction Tightens Governance With Formal Remuneration Committee Mandate

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Prosper Construction Holdings Limited has established a formal remuneration committee with detailed terms of reference to enhance governance. The committee will consist of at least three directors, predominantly independent non-executive members, and will be chaired by an independent director. It aims to ensure fair remuneration practices, prohibiting directors from voting on their own pay, and codifying governance procedures. This move is expected to improve transparency and investor confidence in line with Hong Kong's regulatory standards.
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