Melco International Strengthens Governance With Formal Audit Committee Mandate
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Melco International has established a formal Audit Committee with defined terms of reference to enhance governance in compliance with Hong Kong Stock Exchange requirements. The committee will consist of at least three non-executive directors, primarily independent, and will oversee the appointment of external auditors, monitor financial reporting integrity, and investigate company activities. This move aims to strengthen oversight and boost investor confidence. The latest analyst rating for Melco International (HK:0200) is a Hold with a price target of HK$4.50.
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