Prime Intelligence Solutions Group Limited Announces Committee Membership Structure

Strategic Insights -

Hong Kong-based Prime Intelligence Solutions Group Limited has disclosed its decision to establish a Committee with specific membership requirements and procedures. According to the announcement, the Committee will consist of at least three members, with a majority being independent non-executive directors. The chairman of the Committee will be appointed by the Board or elected from among the members, and will be an independent non-executive director or the chairman of the Board.

The term of membership in the Committee will be one year, subject to renewal, and will be governed by the company's articles of association. The appointment of members and the secretary of the Committee can be revoked or changed by separate resolutions passed by the Board and the Committee. The company secretary or their nominee will act as the secretary of the Committee.

Meetings of the Committee will be called with at least 14 days' notice, and members may request a meeting at any time. Notice will be given to each member in writing, by telephone, or by other means as determined by the Committee. The agenda and supporting documents for the meeting should be delivered to members at least 3 days in advance.

Key Takeaways:

  • The Committee will have at least three members, with a majority being independent non-executive directors.
  • The chairman of the Committee will be appointed by the Board or elected from among the members and will be an independent non-executive director or the chairman of the Board.
  • The term of membership in the Committee will be one year, subject to renewal, and will be governed by the company's articles of association.
  • The appointment of members and the secretary of the Committee can be revoked or changed by separate resolutions passed by the Board and the Committee.
  • The company secretary or their nominee will act as the secretary of the Committee.
  • Meetings of the Committee will be called with at least 14 days' notice and members will be given written or oral notification.
  • The agenda and supporting documents for the meeting should be delivered to members at least 3 days in advance.

Statistics:

  • 14 days: The minimum notice period for meetings of the Committee.
  • 3 days: The minimum period for delivering the agenda and supporting documents for meetings of the Committee.
  • 1 year: The term of membership in the Committee.

Sources:

  • Hong Kong Exchanges and Clearing Limited. (2025). Prime Intelligence Solutions Group Limited. Retrieved from