Memorandum and Articles of Association
Board of Directors and Board Committees
List of Board of Directors and Board Committees
Three Board committees, namely, Audit Committee, Nomination Committee and Remuneration Committee, with specific terms of reference, have been established to assist the Board in the execution of its duties and responsibilities.
Audit committee is a committee of the board of directors of the Company and is established for the purpose of reviewing and monitoring the relationship between the Company and its auditors, reviewing the Company’s financial information and oversight the Company’s financial reporting system and internal control procedures.
Terms of Reference of Audit Committee
Nomination committee is a committee of the board of directors of the Company and is established for the purpose of identifying, screening and recommending to the Board appropriate candidates to serve as directors of the Company and to oversee the process of developing, recommending and monitoring nomination guidelines for the Company.
Terms of Reference of Nomination Committee
Remuneration committee is a committee of the board of directors and is established for the purpose of assisting the Board of the Company in determining the policy and structure for remunerating directors and senior management, evaluating the performance of directors and senior management, reviewing incentive schemes and directors’ service contracts, recommending remuneration packages for directors and senior management and other remuneration related matters.
Terms of Reference of Remuneration Committee
Communication with Shareholders
The Company is committed to providing relevant and timely information to its shareholders in accordance with its continuous disclosure obligations under the HKEx Listing Rules.
Information is communicated to shareholders through the distribution of the Company’s Annual Report and other communications. All releases are posted on the Company’s website and released to the HKEx in a timely manner.
The Company has practices in place throughout the year governing who may authorize and make disclosures and the method by which the market is to be informed of any price sensitive information.
The Company Secretary is responsible for communications with the HKEx and ensuring that the Company meets its continuous disclosure obligations.
Details of the Company’s Shareholder Communications Policy are contained in:
Shareholder Communications Policy
Details of the Company’s Procedures for Shareholders to Propose a Person for Election as a Director are contained in:
Procedures for Shareholders to Propose a Person for Election as a Director