Carimin Petroleum Publishes Corporate Governance Report
Bitget2026/10/30 12:04- Carimin Petroleum disclosed departures from board independence and committee membership recommendations in its governance report for the year ended June 30, 2026.
- Independent directors held three of seven board seats, or 43%, below the recommended minimum of half but compliant with listing requirements.
- Non-independent Chairman Tan Sri Dato' Kamaruzzaman Bin Shariff also served on the nomination and remuneration committee, contrary to governance recommendations.
- The nomination and remuneration committee will continue seeking suitable independent director candidates to strengthen the board.
- The board had one female director; no independent director had served more than nine years.
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