Corporate governance

The Company is committed to the highest standards of corporate governance for the enhancement of shareholders' value. The Company believes that good corporate governance not only protects investors' interest but also the Company's interest.

It is also of the view that good corporate governance is a reflection of the standard and quality of the management and operations of the Company, which is pivotal in winning over the long-term support of stakeholders on which the Company's success is dependent.

Board of Directors
Corporate Governance Committee
Audit Committee
Remuneration Committee
Nomination Committee
Investment Committee

Board of Directors

The Company is led and controlled through the Board of Directors, which is constituted by 3 Executive Directors, 4 Non-executive Directors, including the Chairman of the Board, and 5 Independent Non-executive Directors. The Board meets regularly.

The Board oversees the overall management and operations of the Company. Major responsibilities include approving the Company's overall business, financial and technical strategies, setting key performance targets, approving budgets and major expenditures, supervising and scrutinise the performance of management.

The Board has established the following committees: the Corporate Governance Committee, the Audit Committee, the Remuneration Committee, the Nomination Committee and the Investment Committee.

Board of Directors & Senior Executivesarrow_circle_right

List of Directors and Their Roles and Functionsdownload

Policy of Board Diversity, Refreshment & Succession and Sizedownload

Corporate Governance Committee

The main duty of the Corporate Governance Committee is to ensure and uphold good corporate governance functions of the Company. The full complement of Corporate Governance Committee consists of 5 Independent Non-executive Directors.

- Mr. CHUNG Wai Kwok, Jimmy (Chairman)
- Mr. CHAK Hubert
- Ms. CHAN Chi Yan
- Mr. CHAU Tak Hay
- Mr. HO Lap Kee, Sunny, M.H., J.P.

Terms of Reference of the Corporate Governance Committeedownload

Anti-Corruption Policydownload

Audit Committee

The main duty of the Audit Committee is to ensure the objectivity and credibility of the financial reporting of the Company. The full complement of Audit Committee consists of 5 Independent Non-executive Directors.

- Mr. CHUNG Wai Kwok, Jimmy (Chairman)
- Mr. CHAK Hubert
- Ms. CHAN Chi Yan
- Mr. CHAU Tak Hay
- Mr. HO Lap Kee, Sunny, M.H., J.P.

Terms of Reference of the Audit Committeedownload

Whistleblowing Policydownload

Remuneration Committee

The main duty of the Remuneration Committee is to review and develop the Company's policy on remuneration for its Directors, members of its board committees and its Senior Management. It also provides a medium of public accountability, which is not controlled by the Company's management. The Remuneration Committee consists of 1 Non-executive Director and 2 Independent Non-executive Directors.

- Mr. CHAU Tak Hay (Chairman)
- Mr. CHUNG Wai Kwok, Jimmy
- Dr. LEE Nai Shee, Harry, S.B.S., J.P.

Terms of Reference of the Remuneration Committeedownload

Nomination Committee

The main duty of the Nomination Committee is to ensure a fair and transparent procedure for the nomination and appointment of Directors. The Nomination Committee consists of 1 Non-executive Director and 2 Independent Non-executive Directors.

- Mr. HO Lap Kee, Sunny, M.H., J.P. (Chairman)
- Mr. CHUNG Wai Kwok, Jimmy
- Dr. LEE Nai Shee, Harry, S.B.S., J.P.

Terms of Reference of the Nomination Committeedownload

Procedures for shareholders to propose a person for election as a directordownload

Nomination Policydownload

Investment Committee

The main duty of the Investment Committee is to set up a policy to guide the Company's investments in financial instruments to maximise return on the Company's cash reserves having regard to the risks involved. The Investment Committee consists of 1 Non-executive Directors and 3 Independent Non-executive Directors.

- Mr. CHAK Hubert (Chairman)
- Ms. CHAN Chi Yan
- Mr. CHAU Tak Hay
- Mr. YING Tze Man, Kenneth

Terms of Reference of the Investment Committeedownload