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

Reuters

16 May

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Board Meeting Resolves to Reduce Directors' Fees from HK$300,000 to HK$50,000 Annually","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      South Manganese Investment Ltd. Board Meeting Resolves to Reduce Directors' Fees from HK$300,000 to HK$50,000 Annually\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        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. 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Board Meeting Resolves to Reduce Directors' Fees from HK$300,000 to HK$50,000 Annually\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-16 19:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      South Manganese Investment Ltd. Board Meeting Resolves to Reduce Directors' Fees from HK$300,000 to HK$50,000 Annually\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        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.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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