Summary by Moomoo AI
On July 12, 2024, Pan-Union International Holdings Group Limited announced the establishment of a board of directors' investment committee to handle matters related to the group's investment scope. The committee will be composed of at least three members, including two independent non-executive directors. The committee will be responsible for reviewing, evaluating, and recommending investment projects, supervising the group's investment decisions and activities, and holding at least one meeting every year. All decisions require the approval of more than half of the members and will be reported to the board of directors. In addition, the committee's powers and decisions will be publicized on the company's and the Hong Kong Stock Exchange's websites.
