South Manganese Investment Ltd. Board Meeting Resolves to Reduce Directors' Fees from HK$300,000 to HK$50,000 Annually

Reuters
05-16
South Manganese Investment Ltd. Board Meeting Resolves to Reduce Directors' Fees from HK$300,000 to HK$50,000 Annually

South Manganese Investment Ltd. announced a revision of directors' fees, as resolved and recommended by the remuneration committee of the Board. Effective from June 1, 2025, the annual directors' fee will be reduced from HK$300,000 to HK$50,000. This decision, approved by the Board, aims to align with the prevailing market levels and considers the current market conditions and the company's circumstances. The Board believes this revision is in the best interest of both the company and its shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. South Manganese Investment Ltd. published the original content used to generate this news brief on May 16, 2025, and is solely responsible for the information contained therein.

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