Corporate Governance it's all you need

Corporate Governance

The board of directors of the Company believe that sound and reasonable corporate governance practices are essential for the growth of the group and for safeguarding the shareholders’ interests and the group’s assets.

Audit Committee

The Company established an audit committee (the “Audit Committee”) with written terms of reference in compliance with the code provisions in appendix 14 of the Listing Rules. The primary duties of the Audit Committee are to review and supervise the financial reporting process and internal controls system of the Group and provide advice and comments on the Company’s draft annual reports and accounts, half year reports and quarterly reports to Directors. The Audit Committee comprises three members, Mr. Kwok Kam Tim, Dr. Hui Chik Kwan and Mr. Tso Ping Cheong, Brian, all of them are independent non-executive Directors. The chairman of the Audit Committee is Mr. Kwok.

Audit Committee’s members:

Mr. Kwok Kam Tim (Chairman) Dr. Hui Chik Kwan Mr. Tso Ping Cheong, Brian

Download our Terms of Reference for Audit Committee

Remuneration Committee

The remuneration committee of the Company (the “Remuneration Committee”) was established with written terms of reference in compliance with the code provisions appendix 14 of the Listing Rules. The Remuneration Committee consists of three members, all of them are independent non-executive Directors, namely Mr. Kwok Kam Tim, Dr. Hui Chik Kwan and Mr. Tso Ping Cheong, Brian. The chairman of the committee is Mr. Kwok. The roles and functions of the Remuneration Committee include the determination of the specific remuneration packages of all executive Directors, including benefits in kind, pension rights and compensation payments, including any compensation payable for loss or termination of their office or appointment, and make recommendations to the Board of the remuneration of Directors and Senior Management.

Remuneration Committee’s members:

Mr. Kwok Kam Tim (Chairman) Dr. Hui Chik Kwan Mr. Tso Ping Cheong, Brian

Download our Terms of Reference for Remuneration Committee

Nomination Committee

The nomination committee of the Company (the “Nomination Committee”) was established with written terms of reference in compliance with the code provisions in appendix 14 of the Listing Rules. It consists of three members, all of them are independent non-executive Directors, namely Mr. Tso Ping Cheong, Brian, Mr. Kwok Kam Tim and Dr. Hui Chik Kwan. The chairman of the committee is Mr. Tso. The roles and functions of the Nomination Committee include nomination of the potential candidates for directorship, reviewing the nomination of the Directors and making recommendations to the Board for ensuring that all nominations are fair and transparent. The Nomination Committee held meetings to review the structure, size and composition of the Board, assess the independence of independent non-executive Directors, and make recommendations to the Board relating to the renewal services of independent non-executive Directors.

Nomination Committee’s members:

Mr. Tso Ping Cheong, Brian (Chairman) Mr. Kwok Kam Tim Dr. Hui Chik Kwan

Download our Terms of Reference for Nomination Committee

Code of Conduct

Code of Conduct Regarding Securities Transactions by Directors

The Company has adopted a code of conduct regarding securities transactions by Directors on terms no less exacting than the required standard of dealings set out in the Model Code as set out in the Appendix 10 of the Listing Rules.

Board Diversity Policy

Download our Board Diversity Policy