1. State Influence on Board of Centum Drops Under New Governance Rules

    State Influence on Board of Centum Drops Under New Governance Rules

    The State will now have only one seat at the company's board in line with its dwindling shareholding and new corporate governance rules ...

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    1. The Government will continue to have one seat on the board of Centum, currently occupied by ICDC.
    2. The company shall be filling the position of chairman of the board with a person that meets the new requirements so as to continue to be in compliance with the corporate governance regulations.
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