MEIG (03268) has announced the Terms of Reference for its Strategy Committee, designed to enhance core competitiveness and streamline significant investment decisions. The document outlines the committee’s key duties, composition, and operating principles, with a focus on strategic development plans, major investment proposals, and corporate governance measures including sustainability and ESG.

According to the announcement, the Strategy Committee comprises three directors, of whom two are independent, and is chaired by the Chairman of the Board. Its responsibilities include researching and advising on long-term development strategies, capital operations, and key investment decisions. The Terms of Reference also establish an Investment Evaluation and Review Panel, led by the general manager of the company, to carry out preliminary reviews of major projects.

The Strategy Committee is required to convene at least once a year and report its resolutions directly to the Board. Meeting minutes must be kept for a minimum of ten years. The Terms of Reference become effective upon approval by the Board and will be implemented from the listing date of the company’s H Shares on The Stock Exchange of Hong Kong Limited.