Corporate governance
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Transpacific Industries Group Ltd (Transpacific or the Company) and its Board of Directors are committed to fulfilling their corporate governance obligations and responsibilities in the best interests of the Company and its stakeholders, and fully support the Australian Securities Exchange’s (ASX) Corporate Governance Principles and Recommendations (ASX guidelines).
The Transpacific Board operates under a Charter which sets out the role, powers and responsibilities of the Board. The Board is responsible for the overall corporate governance of the Company.
The Board Charter sets out the following objectives of the Board:
- to provide strategic guidance for Transpacific and effective oversight of its management and its business activities;
- to optimise Transpacific’s performance so as to create and build sustainable value.