Board Committees
Audit Committee
  • Mr. LAU Chun Fai Douglas (Chairman)
  • Ms. HO Mei-Yueh
  • Mr. Jason WAN
Terms of Reference

The audit committee members are well experienced in management, accounting, finance, commercial and industrial sectors.

Full minutes of audit committee meetings are kept by the Company Secretary. Draft and final versions of minutes of the audit committee meetings were sent to all members of the committee for their comments and records respectively within a reasonable time after the meeting.

The audit committee meets the external auditors at least once a year to discuss issues concerning the statutory audit. The audit committee reviews the quarterly, interim and annual reports before submission to the Board. The committee focuses not only on the impact of the changes in accounting policies and practices but also on the compliance with accounting standards, the Listing Rules and the legal requirements in the review of the Group’s interim and annual reports.

Remuneration Committee
  • Mr. LAU Chun Fai Douglas (Chairman)
  • Mr. YAN Weibin
  • Ms. HO Mei-Yueh
  • Mr. Jason WAN
Terms of Reference

The roles and functions of the remuneration committee include the determination of the remuneration packages of all executive directors, including their benefits in kind, pension rights and compensation payments, any compensation payable for loss or termination of their office or appointment, and make recommendations to the Board for the remuneration of non-executive Directors. The remuneration committee also considers factors such as salaries of comparable companies, time commitment and responsibilities of the Directors, employment conditions within the Group and performance. The primary duties of the remuneration committee are to consider and recommend to the Board the emoluments and other benefits paid by us to the Directors and to assess the appropriateness of the nature and amount of emoluments of such officers on a periodic basis by reference to relevant employment market conditions with the overall objective of ensuring maximum shareholder benefit from the retention of talented individuals.

Nomination Committee
  • Mr. YAN Weibin (Chairman)
  • Ms. HO Mei-Yueh
  • Mr. Jason WAN
  • Mr. LAU Chun Fai Douglas
Terms of Reference

The primary duties of the nomination committee are to formulate the nomination procedures and standards for candidates for Directors and senior management, to conduct preliminary review of the qualifications and other credentials of the candidates for Directors and senior management and to recommend suitable candidates for Directors and senior management to the Board. In identifying suitable director candidates and making such recommendations to the Board, the nomination committee would also take into account various aspects of a candidate, including but not limited to his/her education background, professional experience, experience with the relevant industry and past directorships.