CCoSOEs stresses good governance in SOE board composition
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The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has emphasized that the composition of Boards of Directors of State-Owned Enterprises must remain fully aligned with good governance principles and the provisions of the State-Owned Enterprises (Ownership and Management) Act and Policy, including limiting representation from the sponsoring Ministry or Division to one ex officio Director on each Board.
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