Lion Industries Publishes 2026 Corporate Governance Report
Bitget2026/10/28 01:03- Lion Industries disclosed a departure from recommended separation of chairman and chief executive roles in its governance report for June 30, 2026.
- Managing Director Cheng Heng Jem also became chairman on November 27, 2025, succeeding Raja Nong Chik bin Dato' Raja Zainal Abidin.
- Independent nonexecutive directors hold three of five board seats, representing 60%; two board members are women.
- No independent director has served more than nine years, but the board has not adopted a policy barring extensions beyond that limit.
- The report also disclosed a departure from recommended disclosure of a gender diversity policy for the board and senior management.
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